Commissions form a significant component of many companies’ salespeople compensation. However, Dynamics 365 Business Central’s standard commission report hinges on sales rather than cash receipts.
The solution lies in the Sales Commission based on Cash Receipts app!
Envision a scenario where a salesperson sells a $10,000 product with a 10% commission. The standard report would display a $1,000 commission, even if the customer’s payment is due in 30 days. In reality, if the customer doesn’t remit payment, the salesperson won’t receive the commission.
Traditionally, resolving this requires generating a cash receipt report encompassing all invoices within the period, Identifying commissionable lines within the invoices, often limited to item sales and compiling a comprehensive report outlining the salespeople’s owed amounts.
(And don’t forget about trying to figure out commission for partial payments applied to invoices!)
These challenges result in erroneous commission reports. In the best scenario, you might overcompensate salespeople. In the worst case, you’ll spend countless hours reconciling and disputing commissions internally.
Our Sales Commission app addresses the challenges associated with conventional methods, providing a solution that is both easy to use and streamlined.