Commission Summary Calculations

Net Contract Value

Total of net charges on the finance page excluding any with a tick in the “Excl from Inv & Reps” column

Gross Contract Value

As Net Contract Value plus VAT

Discount Given (Gross)

Difference between List Price (Gross) and Gross Contracts Value and takes account of any Contract Admin Fee

Discount % on Totals

This is the Discount Given as a percentage of the List Price and takes into account any Non Discountable amount

Discount % for Commission

This percentage takes into account any Non Commissionable amount on this page or Finance lines that have a tick in “Exclude from Comms” column, and Non discountable amount and any Contract Admin Fee.

Paid Gross

This is the total of payments receive so far on this contract - useful if that is part of the decision to pay commissions.

Sales Commission claimed

If your sales staff submit commission claims you can record the amount claimed here

Commission Claim Date

If your sales staff submit commission claims you can record the date of the claim here

List Price (Gross)

This is the book price of the contract. It would include any amounts that are either Non Commissionable or Non Discountable but would not include a Contract Admin Fee

Non Discountable (Gross)

The amount on the contract against which the salesperson is not allowed to discount

Non Commissionable (Gross)

The amount on the contract against which the salesperson cannot earn commission

Exclude from Comms (Net)

The net total of lines in Finance that are ticked as “Exclude from Comms”