Setting up Commission Rates for your Company

This article is focused on the setup of Commission Rates across your company.

For more information about commission splits and how they function, see THIS article.

Add Order Codes at the Company Level

If you have already been using the MarketTime web app to write orders and pay commissions, your account should already have order codes set up. If not, please add at least one new order code by following these steps: Managing Order Codes.

About Existing Order Codes

What you'll see when you look at an existing order code is a window that shows these fields:

• Start Date (New)
• End Date (New)
• House %
• Salesperson to Pay %
• Order Writer %

Add A New Order Code

To take advantage of automatic split salesperson commission, you will want to add a new order code or update an existing order code with your desired "Salesperson to Pay" and "Order Writer" rates, as well as the commission rate effective dates for example:

With Order Writer Split	Without Order Writer Split

Additionally, you can set commission rate effective dates (or not), like in these examples:

With Date Range	Without Date Range

Note: Only one record without a date range can exist for each order code. This operates as the "default commission rate" for any orders that fall outside of a specific date range or if you don't want to use date ranges at all.

Review and Update Order Codes at the Salesperson Level

Once you have added order codes at the company level, or if you have added new date ranges to an order code, you should review the order code at the salesperson level, and if you need to make adjustments to the rates for specific salespeople, please follow these steps:

1. Navigate to Salespeople
2. Click on a Salesperson
3. Click the Comm % Settings tab
   
4. Review the tab to ensure the new order code now appears for the salesperson
5. To update the commission rates, click View (the eyeball icon) for an order code
6. Update the rates as needed until each set of rates = 100%
   
7. Click Update

Example Scenarios

If you want to pay the "Order Writer" a commission when the order writer is a different salesperson than "Salesperson to Pay", you will enter the numbers like this:	If you want the "Salesperson to Pay" to get all of the salesperson commission %, even if another salesperson writes the order, you will enter the numbers like this:

How to Set the Commission Rate a Salesperson Receives for Each Manufacturer Individually

By default, new order codes are created for all manufacturers for salespeople. If you want to set commission rates for each manufacturer individually, follow these steps:

1. Navigate to Salespeople
2. Click on a Salesperson
3. Click the Comm % Settings tab
4. Review the tab to ensure the order code you want to change appears for the salesperson
5. Locate the code you want to change that is assigned to All Manufacturers
   
6. Click the Delete (trash can) icon for that order code
7. Click Yes in the popup that appears
   
8. Click New
9. Select the manufacturer(s) that should have this new commission rate
   
10. Select the Order Code
    
11. Enter a Start Date and End Date (date ranges are optional)
12. Enter the commission rates
    
    
13. Click Add
    
14. You will now see that order code listed for the selected manufacturer(s) on the Comm % Settings tab