How much commission you took on which sale, on the record.
On every sale you pick who the commission comes from: the buyer, the seller or both. When the sale completes its invoice is created on its own, so you are not closing accounts at month end.
Who it is for
For offices wanting to track commission income sale by sale and see which agent closed which sale.
- Estate agencies where more than one agent sells
- Offices taking commission separately from buyer and seller
- Letting offices also tracking letting commission
- Contractor and development sales offices
You pick who the commission comes from
No two sales are the same. On some the commission comes from the buyer, on others from the seller, and sometimes from both. You pick this while entering the sale, and the record opens accordingly.
- Four options: no commission, from the buyer, from the seller, from both
- Only the relevant amount fields open for your choice; you are not asked for the rest
- You enter the commission amount yourself; the system works with the figure you give
- If there is no commission you leave it empty, and no invoice is created for that sale
When the sale completes, its invoice appears
When you enter a sale the record opens as Sale Started and no invoice is issued yet. Once the process ends and you complete the sale, the invoices are created on their own.
- When a sale starts you see in advance which invoices will be created
- On completion the invoices are created and you move from the list to the related record
- The amounts entered are recorded as tax inclusive, so the reading does not change later
- The record can be edited before the sale is completed, and locks afterwards
If no invoice was created, the reason is written down
On some sales no invoice is created, and there is a reason for it. The system does not say an error occurred; it tells you which detail is missing and what you need to do.
- If no seller is defined: it tells you to define an owner for the property
- If the seller is not registered as one of your accounts: it asks you to make the customer an account
- If no commission was entered, no invoice is expected and the record stays plain
- In every case what to do is written down; you do not have to hunt around the screen
Letting commission lives in the same place
Commission is not only about sales. A tenancy agreement has its own commission section, and it sits on the agreement's card with its due date and amount.
- The tenancy agreement has separate fields for commission due date and amount
- The VAT status is defined per agreement
- Sale commission and letting commission sit in the same panel, on separate records
- Both are reflected on the income side in reports
What changes
Commission accounting stops being a job left to month end.
Frequently asked
Does the system calculate the commission rate?
No, you enter the commission amount yourself. Because your office's rate can change from sale to sale, the system does not impose a fixed rate; it works with the amount you enter.
Can I take commission from both the buyer and the seller?
Yes. While entering the sale you pick the commission side: none, from the buyer, from the seller or from both. If you pick both, you enter the two amounts separately and they appear in separate columns in the list.
Is an invoice issued as soon as I enter a sale?
No. The sale opens with the status Sale Started and you see in advance which invoices will be created. The invoices are created when you complete the sale.
Can I correct a sale after completing it?
A completed sale locks. This exists to stop a sale whose invoice has been issued from changing quietly. If a correction is needed, it has to go through the accounting side.
Why was no commission invoice created?
There are two common reasons and the system writes which one it is on screen: if no seller is defined you need to define an owner for the property, and if the seller is not registered as one of your accounts you need to make the customer an account.
Can I get a PDF of the sale agreement?
Not at the moment. Sale details and the commission record are held in the system and viewed on screen; there is no ready-made PDF output yet.
Record the commission with the sale, do not wait for month end.
Leave your name and number and we will call within 30 minutes to show you with your own sales.
Other solutions
Payments and plan
Rent and dues in the list with their due dates; late ones stand apart.
Portfolio reports
Property breakdown and sales volume in the same panel.
Integrations
Google Calendar, e-invoicing and online prepayment on one record.