Sales Partner
A Sales Partner is an external individual or organization that sells your products and earns a commission. Unlike Sales Persons (who are employees), Sales Partners are third-party agents.
Creating a Sales Partner
- Go to Selling > Sales Partner and click New.
- Enter the Sales Partner Name.
- Set the Commission Rate (percentage of sales).
- Enter contact details and address.
- Add Territory if the partner operates in a specific region.
- Click Save.
Commission Calculation
Commission is calculated based on:
- Commission Rate: A fixed percentage (e.g., 5% of net sales)
- Commission on: Net Total (before tax), Grand Total (after tax), or specific items
- Payment Terms: When commission is paid (on invoice, on payment receipt, or monthly)
Tracking Partner Performance
- Sales Partner Commission Report: Commission due for each partner
- Sales Analytics by Partner: Revenue generated per partner
- Payment Reconciliation: Track commission payments made