Assigning Transaction Factors
To define transaction factors, follow these steps:
1. Open the Plan Elements window, select a plan element and choose Revenue Classes.
2. Select the revenue class for which you want to distribute sales credit, and choose Transaction Factors.
The Transaction Factors window is displayed.
3. In the Key Transaction Factors region, select the transaction type for which you want to define a transaction factor.
Only transaction types you chose to collect appear in the list of other transaction type values. If no list of values is available or if the list does not include the transaction type you need, see Defining Your Data Sources for information on how to identify the types of transactions you want Oracle Sales Compensation to collect.
Key transaction types (in the Key Factors region of the window) include:
Invoice: The invoice is processed when posted in Oracle General Ledger
Payment: Payment is received in Oracle Receivables
Other transaction types (in the Other Factors region of the window) include:
Clawback: When the invoice due date grace period is exceeded, Oracle Sales Compensation automatically takes back the amount of compensation credited for this sale.
Credit Memo: An invoice is fully or partially reversed and posted in Oracle General Ledger.
Giveback: A payment is received for a clawback.
Manual Adjustment: An adjustment is made in Oracle Sales Compensation.
Write-off: A sale is written off the books for a variety of reasons when posted in Oracle General Ledger.
For all crediting transactions such as clawbacks and givebacks, Oracle Sales Compensation creates a new transaction for a negative amount of the sales credit.
Attention: When you choose a particular transaction factor, you're specifying to Oracle Sales Compensation that you want to pay compensation based on the state of the compensation system at the time that transaction occurred. For example, if Global chooses to pay hardware 50% on order and 50% on invoice, one compensation payment is made based on the plan elements on the date of the order and the remaining payment is made based on plan elements on the date the invoice is posted.
4. In the Factor % field, enter the percentage of sales credit you want to allocate for each transaction type.
Each factor you enter must be greater than or equal to zero. Key Factors should total 100%. Invoice defaults to 100%; Payment defaults to 0%. All Other Factors default to 100%.
For those transactions you are collecting, you can assign a 0% payment if it does not apply to this specific compensation plan.
Note: Transactions are collected after you define mappings for them. See Overview of the Oracle Receivables Transaction Data Collection Process for more information on transaction data collection.
