Add New Incentive Library

You can add a new Incentive Library by performing the following procedure:

1. Click button from the Incentive Formula Library

The Incentive Library – Add page is displayed.

2. Enter the Incentive Library ID.
3. Populate the form in Payee Plan tab as per the following procedure:
   1. Enter a description about the incentive in the Incentive Description field under Incentive Description
   2. Click the drop down list adjacent to Credit amount is field and select the percentage.
   3. Click the drop down list adjacent to % of field and select a value.
   4. Enter a keyword to search for the Payee ID and click icon to pick a Payee ID from the Lookup window, in the and split the amount to field to indicate the Payee’s portion of transaction.
   5. Click the drop down list adjacent to Payout Rate Type field and select the payout rate type. Available options are the following:

• Payout Rate Percent
• Payout Amount Per Transaction
• Payout Amount Per Quantity Unit
• Payout Rate from product/Family
• Payout Amount from Product/Family
  1. Click the drop down list adjacent to Payout as often as field and select the payout rate type. Available options are the following:
• Annual
• Bi-weekly
• Half yearly
• Monthly
• Other
• Quarterly
• Twice Monthly
• Weekly
• Bi-Monthly

4. Populate the form in Advanced tab as per the following procedure:
   1. Enter the number of payout period ranges in the Payout in period ranges
   2. Click the drop down list adjacent to the Performance Category field and select the performance category. Available options are the following:

• Billed Hours
• Gross Profit
• Product Gross Profit
• Revenue
• Service Gross Profit
• Service Revenue
  1. Click the text field adjacent to Start Date field and select the start date from the calendar.
  2. Click the text field adjacent to End Date field and select the end date from the calendar.
  3. Click the drop down list adjacent to the GL Expense Account field and select the GL expense account.
  4. Click the drop down list adjacent to the GL Class field and select the GL class.
  5. Click the drop down list adjacent to the GL Payable Account field and select the GL payable account.
  6. Click the drop down list adjacent to the GL Accrual Account field and select the GL accrual account.
  7. Click the drop down list adjacent to the Transaction Set field and select the transaction set.
  8. Select the check box adjacent to the Create results record field, if you want to create results record.
  9. Select the check box adjacent to the Create payout calc records field, if you want to create payout calc records.
  10. Select the check box adjacent to the Include zero payouts field, if you want to include zero payouts.
  11. Select the check box adjacent to the Include in summary payout field, if you want to include in summary payout.
  12. Select the check box adjacent to the Include in commission statement field, if you want to include in commission statement.
  13. Select the check box adjacent to the Include in plan document field, if you want to include in plan document.
  14. Select the check box adjacent to the Based on job profitability field, if you want to based on job profitability.
  15. Select the check box adjacent to the Include payout in draw/cap/other adjustments field, if you want to include payout in draw/cap/other adjustments.
  16. Select the radio button adjacent to Treat every credit as a commissionable credit or Summarize all credits into a single commissionable credit as the credit level, under Set Credit Level

5. Click Plan Documentation tab and provide the required documentation.
6. Click
7. Enter a keyword for Credit Rule ID in the Credit Rule Library ID field and click button to select a Credit Rule ID from the lookup window.

The selected Credit Rule is displayed with Credit Rule ID and Credit Description details.

You can also click the Create New Credit Rule link to create a new Credit rule definition using the Add New Credit Rule Library option.

8. Click
9. Select the radio button adjacent to one of the following options and perform subsequent actions:
   1. Rate is the same for all credits: Enter Rate Amount/Qty in the provided text field.
   2. Rate is different for different credit rules: Specify the rate for various Credit Rules under Specify Rate
   3. Use Rate lookup from library
      1. Enter the keyword for Rate Lookup ID and click button to select a Rate Lookup from the Lookup window.
      2. Click the drop down list adjacent to Attainment Frequency field and select an Attainment Frequency. Available options are the following:

• Monthly
• Bi-Monthly
• Quarterly
• Half yearly
• Annual
• Other
  • Enter a sub-selection key in the text field adjacent to Subselection Key field.

The Use Row Value and Use Column Value fields are auto populated.

1. Select the check box adjacent to Apply 1st Dollar Calculation field if you want to enable 1^st dollar calculation.

1. Provide required documentation in the Plan Documentation

10. Click

The Basic Calculation and Advanced Calculation fields are displayed.

Basic Calculation

1. Select the check box adjacent to the Use Standard Payout Calculation field if you want to use the standard payout calculation. The formula used is: Payout Amt = Credit Amt * Commission Rate.

Advanced Calculation

1. Select the check box adjacent to For each Commissionable Credit, type in calculations to determine the calculated Payout amount option if you want use this.
2. Select the check box adjacent to Use Advanced Calc Library option if you want to use the Advanced Calc Library.
3. Create the required Expressions using Expressions Builder.
4. Click button to complete the definition.