Sales target helps businesses to give target-based incentives/commissions to their employees or staff.
Using this business can define a different range of slab-based incentives.
For example:
For sales from Rs.0 to Rs.1000, the commission percentage is 5%
from Rs.1001 to Rs.5000, commission percentage is 7%
from Rs.5001 to Rs.10,000, commission percentage is 9%
from Rs.10,000 to Rs.10000000, commission percentage is 12%
This helps businesses boost sales because employees or salespeople work hard to achieve a much higher percentage of commission.
Go to HRM -> Sales Target, click on ‘set sales target’
In the popup, define the commission slab or target
Here is a screenshot of the above example:
To pay commissions to employees for sales targets, you need to process the payroll.
In payroll processing, it will have a separate column for sales target commission. Check the screenshot below:
By default, the sales target will be calculated on the amount including tax.
To calculate it without tax go to HRM -> Settings -> Sales Target
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