How to enter the Insurance Commissions on Unit Deals to show full profitability.
The purpose of this document is to show the user how to enter Insurance Commissions within Unit Deals. This will allow the dealers to see the full profitability.
How to enter the Insurance Commission:
- From the Unit Deal, click Ctrl H to open up the Commissions Tab. At the LAHA Line, add your Employee;
- In the Other column, add in the amount as a negative (GST ex) that the insurance company will be paying the dealership for commission.
(Suggestion: as the commission is actually due to the dealership, we would suggest that you set up another Employee to record this commission).
- The values entered on the Commissions tab do not affect the General Ledger;
- The values are taken into consideration when calculating and showing the full net profitability of the Unit Deal on the Profitability tab.