QUICKBOOKS PRO 2018 TUTORIAL ON COMMISSIONS SOFTWARE
TransparencyĬommission trackers allow everyone to have access to the same data, including managers, sales reps, and finance teams.įor sales reps, commission tracking software allows them to track their commissions and notice any discrepancies early on. This is especially true if it is one of your sales reps that catches the mistake on their paycheck.Īutomating your commission tracking will minimize the margin of human error, resulting in more accurate pay for your sales team. Have you ever made a spreadsheet error in Excel? If so, then you know that any mistake can be a headache to correct. With the right software, this process takes only minutes. With commission tracking software, you can save yourself hours of calculating, verifying, and recalculating commission payouts for your sales reps. The right software will not only save you time and money, but will keep everyone on your team on the same page.Ĭheck out some of the benefits of using commission tracking software. Using commission tracking software will streamline the process of tracking and paying commission to your sales teams. Is it worth investing in commission tracking software? Although Excel does provide flexibility when tracking commission, this method can be tedious, time-consuming, and leaves room for error.Ī more effective alternative to using spreadsheets is to use commission tracking software.Ĭommission tracking software automates the sales workflow of calculating commission and makes tracking a breeze. The most common way of tracking commission used to be spreadsheets like Excel and Google Sheets. Whether that be with a spreadsheet, or through the use of commission tracking software. Using a commission tracker is the best way to stay up to date with the commission your sales reps earn. What is a commission tracker?Ī commission tracker is a tool that you use to track sales commission amounts.
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This is best done using a commission tracker. Since commission is often a substantial part of a sales rep’s compensation, you want to make sure that you accurately track and pay their commission. This process involves calculating the commission-based sales compensation that you may owe to your team and paying it out on time. Let’s begin! Commission trackers: the basicsĪs the name suggests, commission tracking is the act of keeping tabs on the commission that your sales reps earn. This article will explain the importance of tracking commission and explain your options.
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If you need a commission tracking solution to monitor the commission that you pay your sales reps, you’ve come to the right place. Luckily, there are many workarounds you can use to give your QuickBooks reps the sales commission they deserve. As a result, adding sales commission tracking in QuickBooks is a challenge that many businesses face when handling payout for their QuickBooks reps. QuickBooks does not currently offer a commission tracker.