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Commission Calculation

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Summary
-

Previous: Commission Payment

The agent should be part of a commission plan for Apto to calculate the net commission. Please see the Commission Plan article on how to set up a commission plan. Commission Payments will use these commission plans combined with the gross commissions for the agent for the year to calculate the net commissions due.

Example:

Sample Commission Plan for agent Joe Broker

 

Agent

Gross From

Gross To

Split

Split 1

0

1000

50%

Split 2

1000

5000

60%

 

Lets assume that Joe Broker just started and does not have any prior gross commission. Lets go through different scenarios for a deal he closed.

 

Gross Commission

Net Commission

Split

500

250 (500*50%)

Split 1 (50%)

1000

250 (500*50%)

Split 1 (50%)

1500

800 (1000*50% + 500*60%)

Split 1(50%) for 1000 and Split 2(60%) for rest.


Next: Log a Payment

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