Skip to main content

Commission Payment Processing

PrismERP streamlines the process of paying out commissions to employees by providing a dedicated module to manage, process, and record commission payments efficiently and accurately. Commission Payment Processing ensures that all calculated commissions are paid correctly, recorded systematically, and tracked for future reference. This module supports generating payment vouchers, managing payment statuses, and maintaining complete audit trails.

How to Process Commission Payments​

  1. Navigate to Commission Payment Processing

  2. Select the commission plan or employee for whom payments are to be processed.

  3. Specify the payment period (From Date and To Date) if applicable.

  4. Review the list of calculated commissions eligible for payment.

  5. Generate payment vouchers for one or multiple employees at once.

  6. Record the payment details such as payment date, mode (cash, bank transfer, etc.), and any relevant references.

  7. Confirm and save the payment transaction.

Features​

  • Batch Processing: Process payments for multiple employees in one go.
  • Payment Voucher Generation: Create vouchers linked directly to commission payments.
  • Payment Status Tracking: Mark payments as Pending, Completed, or Cancelled.
  • Audit Trail: Maintain detailed logs of payment dates, amounts, and payment methods.
  • Integration: Link commission payments with the accounting module for seamless financial management.

For detailed step-by-step instructions and screenshots, refer to the PrismERP Commission Payment Processing guide.