Create New Commission Schedule

    • 0 step |
    • 4 minutes

      Copy an Existing Commission Schedule

      Tip! While you can make a commission schedule from scratch, best practice is to make a copy of an existing commission schedule and then make the necessary edits needed.
      Click "Commission Schedules"
      Click "Commission Schedule Library"
      Click "+Commission Schedule"
      Select "Library" from the select commission schedules dropdown
      Enter the Name of the new commission schedule
      Select which plan from the library to make a copy of
      Click "Save"
      Click "OK"

      Edit Critical Settings of New Commission Schedule

      Click "Edit Details"
      Verify/edit name of commission schedule
      Add description field (optional)
      Select/Edit Commission Schedule Strategy
      For Accumulation plans - select the commission source for accumulation purposes
      Select if this plan needs to account for side count regarding accumulation
      Click "No"
      Click "No"
      Verify minimum and maximum commission rates are set to 0-100%
      Click "Yes"
      Click "Yes"
      Click this text field.
      Click this text field.
      Click "Yes"
      Click here.
      Click here.
      Click "Save"
      Click "OK"

      Verify/Edit Accumulation Tiers

      Click here.
      Click the "THRESHOLD AMOUNT*" field.
      Click here.
      Click "Update"
      Click "OK"
      Click here.
      Click the "The % of commission they earn once they cross the threshold amount." field.
      Click "Update"
      Click "OK"
      Click "Threshold"
      Click the "THRESHOLD AMOUNT*" field.
      Click the "The % of commission they earn once they cross the threshold amount." field.
      Click "Save"
      Click here.
      Click "OK"

      Verify/Edit Commission Schedule Fees

      Click "6% ADJ_GCI"
      Click "Fee"
      Click "[NONE]"
      Click "Charitable Donation"
      Click this number field.
      Type "10"
      Click "Save"
      Click "OK"
      Click here.
      Click "Is this Fee split across the side?* (If yes - it means it will be pro-rated based on sales percentage and percentages will be allocated based on..."
      Click "× AGENT GROSS (AGENT)"
      Click "AGENT GROSS (AGENT)"
      Click "Tracking Account (Leave blank to track it to where the transaction is tracked.)"
      Click here.
      Click here.
      Click "× No"
      Click "No"
      Click "× Yes"
      Click "Yes"
      Click "Percentage Fee"
      Click "Flat Fee"
      Click "Cancel"

      Verify New Commission Schedule in Library

      Click "COMMISSION SCHEDULES LIBRARY"
      Click the "Search Name" field.
      Type "leve"
      Click "Level Up Plan 2023"
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