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Prorated Commission Process

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edited Sep 5, 2023 9:21AM in Incentive Compensation 2 comments

Summary:

Hello Team,

We have a requirement to calculate prorated commission for the quarter of terminated participant. I have followed below link

https://docs.oracle.com/en/cloud/saas/sales/facmi/create-incentive-expressions-with-predefined-functions.html#s20045808

Content (required):

  1. Created sample compensation plan
  2. Plan component as Per interval and
  3. Created 3 Perfomance Measures as Quarter for Goal, Attainment,Attainment %
  4. Goal: Measure.Period Target
  5. Attainment: SUM ( Credit.Credit Amount )
  6. Attainment % : Measure result.2023 FS Attainment PM2.ITD Output Achieved / Measure result.2023 FS Goal PM1 - 1.ITD Output Achieved
  7. Incentive formula at plan component level : ( ( Prorated Measure Participation ( Measure result.2023 FS Attainment %_ V1.Participant Plan ID , Measure result.2023 FS Attainment %_ V1.PLAN_COMPONENT_ID , Measure result.2023 FS Attainment %_ V1.PERIOD_ID , Measure result.2023 FS Attainment %_ V1.Measure ID ) ) )

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