Authorizing Partner Commission
Commission authorization confirms that the commission amounts are correct, creates a commission payable transaction, and may give accounting approval to create a payment check.
The Partner Commissions/Royalties feature lets you create schedules to calculate commissions for partners, and pay commissions when they are earned. NetSuite generates a commission amount based on a cash sale or invoice that meets the commission criteria. The commission criteria comes from commission plans assigned to partners.
Before the commission can be paid to a partner, it must be authorized by someone with the Partner Commission Transaction permission. The standard Sales Manager and Sales Administrator roles have this permission by default. For more information, see Customizing or Creating NetSuite Roles.
You can also set a preference to require accounting approval for commission payable transactions.
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If you do not enable the preference, commission authorization also approves a check to be created to pay the commission.
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If you do enable the preference, when you authorize the commission it goes to the accounting approval queue before a check can be created.
To set this preference, go to Setup > Sales > Sales Management > Commissions. On the General subtab, check the Require Accounting Approval on Partner Commissions box. Click Save.
Approved commission transactions generate partner commission payable bills. You can pay partner commissions by going to Transactions > Payables > Pay Bills.