Agent supplier commission (UK only)

This guide has been reviewed against our global client base and classed as relevant to the following regions: UK

This page explains how agent commission is calculated from supplier invoices

1. Check supplier company record for default commission percentage

From the main menu:

Click Company and search for the contractor
On the Supplier details tab, check the 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

The 10% commission is calculated from the net cost of the supplier invoice

The agent commission that is automatically calculated is only a default value and can be over typed with a different value depending on the circumstances of the supplier invoice

3. Review company transactions

Once the supplier invoice is posted the supplier account is credited the gross total for the invoice but is also debited the commission £7.50 + VAT (£1.50) to 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 10% of the net value of the invoice £7.50 + VAT (£1.50) which will be paid to the agent

The payer of the supplier invoice is not made aware of the commission paid to the agent

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