Sales Vendor Commission tab
TABLE OF CONTENTS
- Adding a new Commission Type
- Default Rate
- To change an existing commission calculation
- Deleting a vendor commission calculation
OSL Office Live will automatically calculate the commission payable by the Vendor on a Sale.
This is the Gross or Total Commission paid by the Vendor for selling their property before GST.
Set up as many different commission calculations as you need.
Adding a new Commission Type
To add a new Vendor commission calculation
Go to Settings > Company > Sales > Vendor commission tab and click on the new button
Give the commission rate a name, Enter the Base Fee (if any)
Enter the first division figure and the up to amount effected by this in the second box
If there is a further change in percentage for a given price range into the second division figure in the lower level and the up to amount effected in the box along-side.
Click on the Save button so save your calculation.
Example:
For any given sale the commission up to sale price of $300,000 will be at 4% of the sale price, the commission between $300,000 and $500,000 will be calculated at 2% of the sale price between this range. The Division 4 figure will every dollar above figure C will be calculated at 0.5%.
Default Rate
Set the default Vendor Commission rate for your office
You can only set 1 rate as the default rate for your office.
The default rate is used in the Office and Agent Live Calculator
To change an existing commission calculation
Go to Settings > Company > Sales > Vendor commission tab and select the commission type from the list and click on the Edit button.
Make your changes and click Save button.
Deleting a vendor commission calculation
To delete an existing commission calculation
Go to Settings > Company > Sales > Vendor commission tab and select the commission type from the list and click on the Edit button.
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