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Apto Commissions: Calculating Commissions

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SummaryWhat is the broker owed after we receive payment?
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Commission Calculation

An agent has to be part of a commission plan for Apto to calculate net commissions. (Please see the Commission Plan article on how to set up a commission plan.) Invoice Distributions will use these commission plans combined with the gross commissions for the agent for the year to calculate the net commissions due.

 

Sample Commission Plan:

AgentGross FromGross ToSplit
Split 10$1,00050%
Split 2$1,000$5,00060%


Example scenario: a new broker just started and does not have any prior gross commission. His net commissions would be calculated as follows:

Gross CommissionNet CommissionSplit
$500$250 ($500 * 50%)Split 1 (50%)
$1,000$250 ($500 * 50%)Split 1 (50%)
$1,500$800 ($1,000 * 50% + $500 * 60%)Split 1 (50%) for $1,000
Split 2 (60%) for $500



 

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