How to Process a Zero Dollar ($0.00) Commission: KBA

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Article ID: 4181

Subject: How to Process a Zero Dollar ($0.00) Commission

Last Modified: January 22, 2013

Applies to: Pro Gold i2 2.0, 3.0

Issue: Commission checks are processed via the property record in Pro Gold i2. The commission check transaction is initiated/generated from the property record and assigned to the bank account in Pro Gold that is assigned to the agent. A zero dollar ($ 0.00) commission can be processed in Pro Gold i2 when deductions need to be calculated and paid, but the agent receives no commission.

Resolution: Process a Zero Dollar ($ 0.00) commission

• Setup the commission as a normal Pending transaction

- Verify that the proper information is entered into the property record

- Property Tab: Pay special attention to the Sales Price, Property Status, and Co-Op Agent/Office

- Agent Tab: Ensure the correct agent(s) and sides are selected

• Note: If more than one agent is selected for a side, ensure the Total Units equals exactly 1

• Select the Commission Tree Tab to begin processing commission

- Verify the “Gross Commission” or “Commission Rate” for the overall deal

- Change the “Gross Commission” or “Commission Rate” if the default amount is not correct

- If default Ok, click the Populate Commission Tree button to populate the commission tree with the default percent and deduction settings

• Note: Pro Gold i2 automatically assigns 50% to the Listing Side and 50% to the Selling Side, but the split between the sides can be overridden manually

- Verify/apply company deductions as necessary (Franchise clients may apply company level franchise deductions)

- Click Auto Calculate button to calculate the split

• Go to Agent Tab and verify the split results

- Manually change the percentage (“PCT” field) to 0 to override the plan split for this transaction

- Pro Gold 2.0 clients must change the amount in the Gross Comm. field to 0

- Verify Units and Volume (zero out these parameters at this point if the transaction does not apply to production figures)

• Return to Commission Tree Tab and select Process Commissions button and complete as normal

- The agent will be given $0.00 for commission for this transaction

- Pro Gold will create a $0.00 check for the agent

- The check can be deleted by going into the commission checkbook and deleting the $0.00 check created

References: Below is a link you can use to access Enhancement HelpNet Center resources, which includes the Knowledge Base Article (KBA) Library, Pro Gold i2 Documentation, and Training Webcasts:

http://support.progoldi2.com

• The Enhancement HelpNet links are located on the right side of the web page.

Related articles: N/A

Keywords: Zero Dollar Commission, $ 0.00, Processing Closing, No Agent Check, Change Percent, Override Split, 4181