Other Sales Commission Templates
Along with your sales commission agreement, there are two types of sales commission and compensation template examples that you can create using Microsoft Excel or purchase from companies that specialize in sales commission forms.
Great American offers two types of commission form, a sales voucher and a sales commission report.
In today’s world of accounting software systems, however, it’s best to utilize the accounting program to keep track of sales commission through journal entries made to the general ledger as each item is sold. The forms offered by Great American are hand fill-in forms and not computerized forms.
Sales vouchers are helpful to salespeople, however, to keep track of what they can expect come sales commission payday. Once the commission is calculated in the accounting software program, the sales manager can use this three-part sales voucher, seen here at the left, and give one to the salesperson, keep one for the sales folder, and give one to the accounting department.
When you create a sales commission and compensation plan template, make sure you make it industry specific based on whether or not you will include draws and how you will keep track of each salesperson’s commission due. If you do pay employees on commission, you may also want to explore sales commission software like Qcommission that integrates with accounting systems like Intuit’s Quickbooks.