How to create Team Commissions

On occasion, Brokerages have the requirement to create specific commission plans for Teams, where all members of a team will contribute to a common commission plan.

Select the Commission Plan from Side tool bar

 

Enter the label or code you wish to assign the plan in the description box and ensure you place check to the right of the field labelled, “Team Plan”.

Some Additional Notes About the Team Commission Plan:

  • This plan will be assigned to all members of the Team in the Agent Profile > Team Comm. tab
  • This plan will calculate the commission using the Team Leaders’ Anniversary Start Date
  • You also have the ability to generate one check in QuickBooks® for all affected Team Members and year-end reporting such as T4A/1099s if required

 

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