Pay Commission

Pay commission % based on Grand Total minus tax.  Follow sliding scale below and pay based on Last Recorded Cost (as seen in system settings).  Also, deduct special term finance fee from cost (as seen in system settings)

Sale Margin                                    Commission of Total Sale After Adjustments & Additional Fees but not including Tax

65.0% - 69.0% = 8%

60.0% - 64.9% = 7%

55.0% - 59.9% = 6%

50.0% - 54.9% = 5%

45.0% - 49.9% = 4%

40.0% - 44.9% = 3%

36.0% - 39.9% = 2%

35.0% - 35.9% = 1%

Below 35.0 % = 0%

Sales made on items from clearance location get a spiff only but 0% commission

Sales made on items from clearance location get a spiff

EXAMPLE: 

$1000 Cost - $2000 Retail sale price = $1000 Profit

$1000 Profit divided by $2000 Sale price = 50% margin

50% margin = 5% Commission

$2000 x 5% = $100 Commission Paid