Overview
Explore how to configure compensation plan overrides in STAKT to customize sales commission structures. This process allows adjustments tailored to specific requirements, ensuring flexibility and control in financial management.
Set Up Override Settings
Select Calculation Type
To begin, use the Date Picker to select a start date. Click on the Dropdown marked Calculation Type and choose an option. Each calculation type will affect your override settings differently, so ensure you understand the implications.
Configure Sales and Company Settings
To configure the sales settings, use the Radio Buttons labeled Sales Per Unit, Sales Fixed, and Sales Percent. Input the maximum sales value in the Sales Max Textbox. Similarly, for company settings, utilize the Radio Buttons labeled Company Per Unit, Company Fixed, and Company Percent. Enter the maximum company value in the Company Max Textbox.
Configure Payment Settings
Set Upfront Payments
Continue setting up your override options for upfront payments. Use Radio Buttons to choose the desired upfront payment options. Enter values into the Textboxes to define the upfront payment amounts.
Set Progress Payments
Select progress payment options using the available Radio Buttons such as Per Unit or % of Commission. Input the maximum payment limits in the designated Textboxes. After configuring these settings, click the Save button to apply your changes.
Navigate Comp Plans Dashboard
Review Alerts
On the comp plans dashboard, review alerts such as Commissions Need Updating and Uploaded Projects Need Updating. Use these alerts to prioritize your actions.
To navigate through different sections, use the buttons labeled Comp Plans, Comp Plan Overrides, and Installer Overrides. These buttons help you access specific areas quickly.
Access Comp Plan Sections
To access different sections like Comp Plans and Comp Plan Overrides, first review alerts on the dashboard. Use buttons such as Comp Plans, Comp Plan Overrides, and Installer Overrides to navigate. The Commissions Need Updating and Uploaded Projects Need Updating alerts serve as indicators for necessary actions.
For example, click Comp Plan Overrides to set up overrides. Use the Start Date picker to choose a date, and dropdowns to select calculation types. Radio buttons and textboxes help configure sales and company settings. The Save button commits your changes.
To add installer overrides, navigate via the Installer Overrides button. Configure specific settings by selecting dates, choosing options from dropdowns, and entering values in textboxes. Use the Claw Back checkbox if applicable. Save your settings with the Save button.
Add Installer Override
Select Dates and Options
Select a start date and end date using the Date Pickers. Choose an option from the Override and Payee Dropdowns. If applicable, check the Claw Back Checkbox. Enter values in the Sales Per Watt and Company Per Watt Textboxes. Click the Save button to apply the settings.
Save Installer Override
Click Save to finalize the installer override settings. Ensure all fields, such as Start Date, End Date, Override, and Sales Per Watt, are correctly filled. Verify the details for Claw Back and Company Per Watt before saving.
Edit Exception List
Select Exception Type
To edit an exception list, use the Dropdown labeled Exception Type. Select the type that matches your criteria.
Navigate Back
Use the Back button to return to the previous screen only after completing all necessary edits. Ensure that any changes made are final, as navigating back will undo unsaved modifications.
Manage State Exceptions
Select/Deselect States
Manage state exceptions by using the Select All and Deselect All buttons. Review the State List to verify accurate selections. This ensures you control which states are included in the exceptions.
Check State-Specific Regulations
Review state-specific regulations when setting up exceptions to ensure compliance and accurate configuration.
Return to Previous Screen
Use the Back button to navigate to the previous screen. Before exiting, confirm that all state exceptions are correctly configured.