Sales target is a feature is available in the Essential & HRM module
Sales target helps businesses to give target-based incentives/commissions to their employees or staff.
Using this business can define a different range or slab-based incentives.
For example:
For sales from $0 to $1000, the commission percentage is 5%
from $1001 to $5000, commission percentage is 7%
from $5001 to $10,000, commission percentage is 9%
from $10,000 to $10000000, commission percentage is 12%
This helps businesses to 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:
NOTE:Before setting the sales target, make sure to configure the Sales Commission Agent settings in Business Settings > Sales. Follow the steps mentioned in this document -> DocumentLink
To pay commission 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 sales target will get calculated on amount including tax. To calculate it without tax go to HRM -> Settings -> Sales Target