This is where you add the plans that will be used to calculate the fees charged to your brokers on transactions.
Administration > Setup > Split Commission Plans
To add a plan click on the +Create
The plan ID number automatically registers.
Select the invoice item that will be used to determine which GL account will be charged.
Active Yes/No allows you to inactive a plan that is no longer used.
French and English name, description for the plan.
Maximum fee per calculation, to determine if a maximum is applicable for a transaction
Ex: $250 per transaction side up to a maximum of 400
Application of the calculation scale several choices are available to you.
Invoice Ellement Cumulative is used if there are several levels of plan and these are limited to an amount Ex: 0 to 5000 for the billing element the fee is 300% when this amount is reached, the fee is 0.
Transaction Count is used if a fee applies based on a transaction count.
Example: $100 per transaction, the first 10 transactions.
Agent Compensation in Transaction Usually Serves when there is only one fee, or for a fixed fee
Example: 5% fee on all transactions or $250 per transaction side
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