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.

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

Level Up Plan - Dynamic Rate Set Based on Threshold Achievements (01/01/2021-12/31/2021)

Edit Critical Settings of New Commission Schedule

 Basic Details
Name*
 Commission Schedule
Description
Commission Tag Rule
(This rule is used to figure out if the commission can be used on a transaction. Leave blank to be allowed to use iton any transaction.)
Commission Schedule Strategy *
FLAT_RATE
FLAT_AMOUNT
THRESHOLD_BASED
ACCUMULATION
ROLLING_ACCUMULATION
VOLUME_SIDE_COUNT_ONLY
×
ACCUMULATION

For Accumulation plans - select the commission source for accumulation purposes

Select if this plan needs to account for side count regarding accumulation

Verify minimum and maximum commission rates are set to 0-100%

 Auto Renew Options
Auto Renew?
No
Yes
Yes
(Select whether you want Auto Renew on or off. The Commission Schedule with renew the day after the effective end date.)
Migrate open transactions to new Commission Schedule on renewal?
No
Yes
No
(If yes, any open transactions that fall in the date range of the new Commission Schedule will migrate to have the new Commission Schedule on that transaction.)

Migrate open transactions to new Commission Schedule on renewal?
No
Yes
No
(If yes, any open transactions that fall in the date range of the new Commission Schedule will migrate to have the new Commission Schedule on that transaction.)

Click the "The % of commission they earn once they cross the threshold amount." field.

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..."

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 sales percentage.)

Click "Tracking Account
(Leave blank to track it to where the transaction is tracked.)"