Commission Adjustments
Nadine van Riet
We need the ability to make commission adjustments, such as recalling previously credited commissions, accounting for trip gifts or charges, and deducting outstanding payments by independent contractors such as for phone or software usage. These features would greatly improve our financial accuracy and streamline commission management.
Canny AI
Merged in a post:
Being able to assign commission to a certain agent on the team
Summer Cox
Sometimes agents help other agents with trips and split the commissions. In addition, I pay bonuses to agents each quarter and it would be helpful if there was a way for the agency owner to select an agent to receive the commission so I can enter these into a $0 cost activity to track these payments in Tern.
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Brian K. Stout
I do similar things as well and this would be very beneficial. In my current system, I can add an adjustment (positive or negative) and it will adjust the commission for the next payout.
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Erik Denny
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Brian K. Stout
I currently use TESS and we have the ability to an adjustment into the system and attach it to a specific agent. When I go to pay out the commissions, I see the adjustments. Sometimes it is -$25 for not entering a commission and other times it would be and additional $50 bonus commissions for ... something. I also have the ability to track between the expected commission and what the supplier actually paid. That is very helpful in reporting.
Scott Wismont, CTIE
Wouldn't those deductions be entered into the pay check? The commission reporting is tracking incoming payments to the agency.
Joshua & Amberlina Miller
Scott Wismont, CTIE That is how I do it, Commissions should never be adjusted down due charges, they need to be paid the full amount they are owed and then any deductions taken after that for their own tax purposes. They may (depending on their individual taxes) be able to write off gifts and other things but it really needs to be documented on the pay statement not before hand.