METHOD AND APPARATUS FOR DETERMINING COMMISSION

摘要

The invention provides for a method and apparatus for determining the commission to be paid to a sales representative or sales teams. Based on a set of Allocation Rules (210) that specify the credit an individual is to receive from a Transaction (200), the Transactions are converted into several Allocations (202) for individual Sales Representatives or Sales Teams. One or more Quotas (212) specify a target of goal that must be reached to earn commission for each Sales Team. A Quota State (206) indicates the current performance of a Sales Representative with respect to a particular Quota within a particular time frame. The Quotas are used to convert the Allocations/Transactions into Quota Details (204) that specify how to increment or decrement the Quota State (206). A Promotion (216) specifies the reward or commission that is received upon attaining a desired level of performance. Once a Quota State reaches a level necessary to receive a commission or reward as set by a specific Promotion, a Ledger Item (208) indicating the amount to be paid to particular Sales Team is created.