Term Definitions 

1. Name - the name of the commission plan
   
2. Description - a brief description of the plan 
   
3. Status - determines whether the plan is active or inactive
   
4. Plan Type - Agent GCI - commission plan determined by the Agent’s Adjusted Gross Income
   
5. Basis - the basis for the period of time your commission plan calculates on.  Anniversary Year to Date, Calendar Year to date, Rolling Calculation Period, Birthday Year to Date, Previous Quarter, Career.  Additional Fields may populate based on your selection here.
   
6. Start at Previous Year % - adds percentage of last year's income to this year's Commission plan progress to find the level in the Commission plan to calculate the split.
   
7. Minimum Split If Reached % (Auto Calculated Splits Only) If the agent ever reaches this split, then this is the minimum split they start at the next year. 
8. Span Levels - If yes then If current transaction would cause you to move to the next level then the split will be calculated by applying the percentage on the current level and then the remaining amount to the next commission level. 
9. GCI Field - (only used on Agent GCI Plan Types) Adjusted Gross Income or Transaction Gross Income.  This field controls which number is used to calculate the Commission Progress. You can have the commission calculated from the Transaction GCI field or the Adjusted GCI field on the agent.
10. Close Date Field - Close Date or Estimated Close Date. You can choose whether the commission for a transaction is calculated based on the actual close date or an Estimated Close Date. If you choose Estimated Close Date, the system calculates the Commission based on when the transaction is estimated to close. So if the agent several transactions in the system and one of those transactions will push the agent to the next level in their commission plan, then the commission calculated for the transactions after that one is estimated to close will be calculated on the higher Commission level.
    
11. Reset to Max on Anniversary - If Yes, additional fields populate.  This field is used to assign agents to whatever % you insert for a selected number of months.  When additional fields populate, set the % and # of months.   This is the maximum amount an agent will get for x number of months.
12. Count towards Cap - this is used for Commission Plans that have Caps
    
13. Company Income for Cap - the amount of Company Income to trigger Agent Cap
    
14. Cap Split - the amount of the split once the agent hits the Cap
    
15. Cap Basis - time period the Cap is based on
    
16. Cap Fee Plan - a Transaction Fee Plan that triggers based on the Cap
    
17. Exclude Service Fee for Company Income - Yes or No - do you want your Service Fee to be included in the Company Income 
    
18. Include Bonus for Company Income - Yes or No - do you want Bonuses to be included in the Company Income
    
19. Transaction Service Fee Paid By - Agent, Company, Agent AND Company (Off the top), Agent or Company Based on Calendar Click. This determines by whom the Service Fee aka Franchise is paid by.
    
20. Default Service Fee Percent - the amount of the franchise service fee
    

Levels

1. Name of Level
   
2. Based On: Number of Closings Year to Date, Number of Closings(ALL), GCI Range
   
3. Number of Closings: the number of closings if needed based on the selection in Based On:
   
4. GCI Start: the amount of GCI you want this level to begin at
   
5. GCI End: the amount of GCI you want this level to end at
   
6. Default SA Split - (Not used if other splits are non-zero)
   
7. In House Listing SA Split - used if you want the amount of the split to be different than the default based on the side your agent is on
   
8. In House Buyer SA Split - used if you want the amount of the split to be different than the default based on the side your agent is on
   
9. Our Buyer SA Split - used if you want the amount of the split to be different than the default based on the side your agent is on
   
10. Our Listing SA Split - used if you want the amount of the split to be different than the default based on the side your agent is on
    
11. Has Referral SA Split - used if you want the amount of the split to be different than the default if there is a referral on the transaction
    
12. Qualify By Previous Year GCI - Yes or No (Only use this level if previous year GCI falls in the range below)  If yes, enter the Qualify Start amount and Qualify End amount.
    
13. Starting Level Previous Year Total - Start at this level if previous year Total is at least this amount
    
14. Transaction Fee Plan - used if you want to add a fee plan to this level of the commission plan