Agent supplier commission (UK only)

This guide has been reviewed against our global client base and classed as relevant to UK only

This page explains how agent commission is calculated from supplier invoices

1. Check supplier company record for default commission percentage

From supplier company screen:

In Payments and Terms panel, check value entered into the Commission paid to agent on supplier invoices field

When the contractor is selected for the supplier invoice, the agent commission will automatically be calculated based on the value entered into the supplier company record

2. Raise supplier invoice

When a commission value has been entered on the supplier company screen (shown above):

In Invoice Details panel, the Agent Commission is automatically entered
This is calculated from the Net Cost of the supplier invoice

The automatically calculated agent commission is a default value - it can be overtyped with a different value where required

3. Review company transactions

When the supplier invoice is posted:

The supplier account is credited with the gross total for the invoice but it is also debited for the commission - this will be deducted when payment of the invoice is made

When the supplier invoice is paid:

The supplier will be paid the gross invoice amount - the system will then deduct the commission value of the net value of the invoice, which is then paid to the agent

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