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What is method of calculating commission on sale?

Answer:
Sales commission can be calculated base on either:
1) A percentage of the total Revenue.
2) A percentage of the Gross Profit.
3) A percentage of the Net Profit.

That percentage can be against the:
1) The overall achievement of all sales during a complete fiscal year; or
2) Achievement of specific items or business lines during a complete fiscal year.
3) Or achievement on all/partial sales for specific time (month, quarter, bi-yearly, or yearly)
4) Commission per item sold, or per service provided.

- Usually commission is 3 to 20 % of the GP. But this varies a lot depending on the industry you are in.

You have to answer 3 questions:
What is the sales price per unit?
What is your commission percent?
How many unit do you sell per week on average?
Then you do the math:
Commission per unit sales
Total sales per week
Total commissions per week
Total sales per year
(50 weeks per year)
Total commissions per year (50 weeks per year)
First answer by ID3591185321. Last edit by AlSalman. Contributor trust: 0 [recommend contributor recommended]. Question popularity: 3 [recommend question].