00:00In this video, I'm going to be training you on how to create a location, that's revenue allocation, how to
00:07set it up, and how to build the account posting.
00:13Alright, so the first thing we do is go down to settings. I already have the tabs down, so come
00:18down to settings, and go down to settings, sorry, these settings.
00:25So, in settings, all you need to do is come down to accounting settings, the business rules, so we're going
00:34to be creating a location for commission, let's call it commission, testing, yeah, training, commission, our commission sets the value
00:51to 5%, you can see it's a 10%, it's very good.
00:54Alright, let's track this buzzmate, then the next thing we're supposed to do is to create an express account, we
01:06already have one, this is commission testing, then the other business allocation too, let's set it for today.
01:19Alright, so once we're done, we just need to submit, alright, so now that we're done, we need to create
01:29a commission structure, come down to marketer, under marketer, so I already have it open, so you come down here,
01:37create a commission structure, you can cap it at anything, but for this training, I'm going to be caping it
01:42at 20%,
01:47sorry, 20%, sorry, 20%, non-lock, 20%, yeah, my keyboard was misbehaving, so let's call this marketer, commission, training, the
02:08main marketer, we can make it 10%, then the download,
02:11like five percent so once we are done you enable the commission allocation so
02:18the commission allocation it means that a certain percentage will go back to the
02:22company as commission instead of revenue so once we are done with that now let's
02:28create an invoice so this is where you can create an invoice you can open sales
02:35revenue we already have it open so let's create an invoice to test it out so once
02:45you're done all right so let's see this is boy industry so we're going to be using
02:55a marketer with a downline because remember we assign a downline so I have a
03:01marketer here called lias okay so let's use this commission structure
03:09commission structure then this cm training then this let's name it I have a property called xyz
03:21properties so let's use that
03:28yeah so once we are done come down here
03:33let's select the item
03:46calculate commission
03:53then save so once you save we have our invoice so the first thing I'm going to do is let
04:01me
04:01approve this invoice because I have an approval set of my invoice
04:09so once that is done yeah so let's receive payments this is the approval so let's receive payments
04:26this is it all right we have 15 million 600
04:38so i think that's all so let's save once we are done saving we've made the payments now so uh
04:51once
04:51we've made the payments let's go down to
04:56the report post and see where the revenue allocation is going to go so this is it
05:08and once you come down to commission remember i will pay me the payment to alias let's go to commission
05:17so they are all here so once we are done
05:24you can make the payment if you want to make the payment to the commission to the
05:30marketers immediately but if regardless before you make the payment let's go to cost of sales because
05:36of our commission testing that express account is the is posting to cost of sales so
05:44so so it's done all right so let's go to the commission the express accounts all right so
05:52all we all need to do is view to see
05:59exactly so once we are done viewing then you notice the
06:05yeah so this is it's this today this is the boa industries this is the commission testing training
06:13that we did uh this is the commission so it's commission based on the type that's this type
06:20is commission so if it says it's going to appear as sales so it's done and the percentage is already
06:29saved so that's how you do your commission allocation setting so once you've made the payment for the
06:36for the what is it called the marketers the marketers tool will appear below here thank you very much