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Once The following is an overview of the process for using the Commission and Royalty Management application in Aptify:

Commission PlanImage Added

  1. Define the commission source and commission base formula records for your commission plan. See Setting Up Commission and Royalty Management.
  2. Create a Commission Plans record

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  1. , as described in Creating Commission Plans.
  2. Create the Commission Plan Items records,

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  1. as described in Creating Commission Plan Item Records. A Commission Plan Items record consists of an individual product or an entire product category, the base formula used to calculate the commission base, and the commission period used to create a set of calculated commission bases. A Commission Plan Items record is needed for each product or product category included in a Commission Plan.

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  1. Create the Commission Rate Scales records, as described in Creating a Rate Scales Record, The Commission Rate Scales records define the commission tiers used to calculate a commission from the base formula.

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  1.  Commission agreement tiers records reflect the lowest level at which commissions are calculated. Each tier record specifies the commission rate or amount to be applied to a commission base that is within the tiers range. 

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  1. Create the Commission Agreements records, as described in Creating a Commission Agreement Record. Commission agreements tie the sales representative and commission tiers to a commission plan

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  1. . They are added to the Commission Plan to complete the construction of the organization's specific commission setup based on their products and commission incentive plan.