Create New Commission Schedule
65 steps
4 minutes
Copy an Existing Commission Schedule
While a commission schedule can be created from scratch, best practice is for an existing commission schedule to be copied and then edited as needed.
1
From the "Transactions" tab, click "Commission Schedules"
2
Click the "Commission Schedule Library" button.
3
Click "+Commission Schedule"
4
Select "Library" from the select commission schedules dropdown
5
Enter the Name of the new commission schedule
6
Select which plan from the library to make a copy of
7
Click "Save"
8
Click "OK"
Edit Critical Settings of New Commission Schedule
9
Click "Edit Details"
10
Verify/edit name of commission schedule
11
Add description field (optional)
12
Select/Edit Commission Schedule Strategy
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For Accumulation plans - select the commission source for accumulation purposes
14
Select if this plan needs to account for side count regarding accumulation
15
Click "No"
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Click "No"
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Verify minimum and maximum commission rates are set to 0-100%
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Click "Yes"
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Click "Yes"
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Click this text field.
21
Click this text field.
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Click "Yes"
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Click here.
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Click here.
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Click "Save"
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Click "OK"
Verify/Edit Accumulation Tiers
27
From the Schedule Performance table, click the "Action" button for the threshold.
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Click the "THRESHOLD AMOUNT*" field.
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Click here.
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Click "Update"
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Click "OK"
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Click here.
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Click the "The % of commission they earn once they cross the threshold amount." field.
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Click "Update"
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Click "OK"
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Click "Threshold"
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Click the "THRESHOLD AMOUNT*" field.
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Click the "The % of commission they earn once they cross the threshold amount." field.
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Click "Save"
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Click here.
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Click "OK"
Verify/Edit Commission Schedule Fees
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Click "6% ADJ_GCI"
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Click "Fee"
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Click "[NONE]"
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Click "Charitable Donation"
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Click this number field.
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Click "Save"
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Click "OK"
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Click here.
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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..."
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Click "× AGENT GROSS (AGENT)"
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Click "AGENT GROSS (AGENT)"
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Click "Tracking Account (Leave blank to track it to where the transaction is tracked.)"
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Click here.
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Click here.
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Click "× No"
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Click "No"
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Click "× Yes"
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Click "Yes"
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Click "Percentage Fee"
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Click "Flat Fee"
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Click "Cancel"
Verify New Commission Schedule in Library
63
Click "COMMISSION SCHEDULES LIBRARY"
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Click the "Search Name" field.
65
The adjusted plan will display.
