Sales Commission Invoice

Sales Commission invoices can be created easily for a Property which is For Sale and Under Offer. Invoices produced from the Sales Commission screen are produced in a specific format which includes the following details:

• Vendor name

• Purchaser name

• Completion Date

• Sale price

• Commission %

Raising the Sales Commission Invoice

1. Check the Commission Amount in Contract Details for the Property via Property → Details #3 → Commission Fees, amend if necessary and click Save.

2. On the Progression screen, specify the Exchange Date and Completed Dates by selecting the corresponding check box and using the calendar, click Save.

3. There are 3 simple ways to access the Raise Invoice screen.

   1. On the Property screen click the Sales Commission icon which is located under the Advanced tab.

   2. On the Progression screen for a Property using the Raise Invoice button.

   3. From the Property Progression List using the drop-down arrow next to the Invoiced column for a Property.

4. The Contact to Invoice will be populated with the Vendors Solicitor by default click the drop-down arrow if you want to send this to someone else.

5. Property and Accepted Offer details will be populated from the Property Details.

6. In Fees enter the products and associated fees by using the Add, Edit and Delete buttons. A field is available to add Statement Notes as required. If the Commission Amount has been specified by a percentage in the Contract Details in Details #3 screen the Commission Amount will already be calculated.

7. The Due Date will default to the Completion Date if entered. If no Completion Date has been entered the Due Date will default to the Exchanged Date. If no Exchanged Date has been entered the Due Date will default to today's date.

8. Choose the Bank Account from the drop down list.

9. Optionally the Exchange Date and Completion Date can be amended using the calendar and this will update the Progression screen accordingly.

10. Click Save and the Sales Commission Invoice can be viewed on screen before printing or emailing.

Change who receives the Sale Commission invoice by clicking the drop-down arrow next to the Contact To Invoice field and selecting the relevant Contact when the invoice is generated it will appear against the Contact's account in their Current Account.

The invoice will display linked vendors names also

Keeping track of Sales Commission Invoices

When Sales Commission Invoices become overdue you will be alerted on the Home Page under the Financial tab under Payments Overdue. Select the Current Account for the Company the Invoice is raised against.

Undoing/Finding the Sales Commission Invoice

To locate the Invoice, if a Solicitor is assigned in the Progression screen for the Property then the Invoice will be located in the Solicitor's Current Account. Where no Solicitor has been assigned then it will be located in the Current Account for the Vendor.

Select the Invoice and choose Undo Previous, select the Invoice and click Yes to the confirmation message. Now delete the respective unpaid transaction that is left in the Accounts screen (generally the Current Account of the Vendor's Solicitor). The Sales Commission option will now be available on the Advanced tab of the Property.

Recreating the Sales Invoice in the Account screen rather than the Sales Commission screen will not create it in the Sales Commission invoice format.

Re-printing the Sale Commission Invoice

From the Property Progression List using the drop-down arrow next to the Invoiced column for a Property where Invoice is marked as Yes.

Going to the Contact's Solicitor's Account screen and right-click (or click Menu) select Invoices , Reprint and View/Email Previous select the Invoice you want and you should be able to Print it.