User/freelancer reconciliation with sales target levels
This topic explains the user/freelancer reconciliation process if you
are working with Sales
Targets.
When issuing a payment requisitions for a
user/freelancer, separate payment requisitions are issued for each month.
Each payment requisition covers all incentive
fee records with a value date in that month. The value date of the payment
requisition is the value date of the earliest incentive fee record covered
by the document.
When creating incentive fee records, the
system only creates incentive fee records for vouchered transactions and
transaction fees with a tax invoice. If you have a travel file with multiple
transactions and transaction fees, and the vouchers and tax invoices are
issued in separate months, the incentive fee records will be covered by
separate payment requisitions and the selling price of each transaction
will be compared to a different monthly target.
You can search for payment requisitions Pending for Final Payment according
to the month they are valued, allowing you to choose which month to compare
the user/freelancer's sales to their target.
When issuing a remittance for payment requisitions,
the system compares the user/freelancer's monthly sales of the most
recent payment requisition selected with the target
for that month to determine if the user/freelancer is entitled to receive
an incentive or if the incentive amount needs to be multiplied by a factor.
If the user/freelancer did not meet their
minimum monthly target for the month of the most
recent payment requisition selected, a message will be displayed
with this information, you will be unable to issue the remittance, and
the payment requisitions for that month will no longer be displayed in
Pending for Final Payment search
results.
If you still want to issue the remittance,
search for Artificial payment requisitions,
select the payment requisitions and issue the remittances.
If the user exceeded their monthly target,
the system multiplies the incentive amount by the relevant factor and
issues an additional payment requisition on the difference.
If in addition
to the payment requisition for the most
recent month, you select a payment requisitions with a value dates
from a previous month, the system
checks if an incentive was already paid to the user/freelancer in the
previous month.
If in the previous
month, no payment was made because the user did not reach
the minimum sales target level, no amount will be added or deducted,
and the payment requisition will no longer appear in Pending
for Final Payment search results.
If an incentive had
already been paid to the user, any amount that needs to be added or
deducted from the remittance will be multiplied by the factor of the
target level for the previous
month. An additional payment requisition, with a value date for the
previous month, will be issued for the difference.
If in the most
recent month the user is not entitled to receive an incentive,
the payment requisition for the previous
month will remain uncovered and you can use it in future reconciliations.
Examples
For the following examples, in the User/Freelancer
Incentive module, the
following Sales Target levels
are defined:
The Incentive Value Date is
the Issue date of document that balanced
the travel file.
Related links
Click here for detailed example 1.