Use the GoldFinch commission module as the starting point. Customize as needed.
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Overview
AdMagic uses the Royalty module to calculate the royalty payable to designers. The royalty is calculated for every designer base on the channel of their item being sold.
Setup
Set up Designers as Sales RepsSalesforce Accounts
Set up Royalty % Rate by Item, Sales Rep, and Channel Type.
Channel Type
In Total Sales:
Default Channel Type to Retail when sales orders are from Shopify????
Amazon????
Default Channel Type to Wholesale when sales orders are not from Shopify
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Designer/Vendor and Channel Type
Royalty Rate Setup
Game - Designer’s game (Item)
Designer/Account/Vendor - Designer/Vendor account
Sales Channel - Pickst list with values “Retail” and “Wholesale”
Rate - Nummeric field represent % if Rate Type is ‘Percentage’, $ Amount if Rate Type is ‘Fix Amount per Unit’
Rate Type - Pick List with values: “Percentage” and ”Fix Amount per Unit”
COG - Cost of good sold per unit.
Deduct COG - If Checked, system will deduct the total of cost of good sold (COG * Invoiced Qty) from rotyalty amount.
Royalty Calculations
Navigate to Royalty Calcualtion
Click “Calcualte Royalty” button
Moth End defaults to the preious month’s last date.
System will
Gather all games(items) with a royalty rate setup
Retrieve all Sales Invoice Lines with the following criteria
Sales Invoices' Document Status = Posted
Item gathered in setup a
Does not have a Royalty Calculation Line linked
Posting Date <= the Month End date
Each unique combination of Year/Month and Designer account will have a Royalty Calcualtion header.
Royalty Amount calculation logic
If Royalty Rate’s Rate Type setup is “Percentage”
Then Royalty Amount = Sales Amount * Rate / 100
If Royalty Rate’s Rate Type setup is “Fix Amount per Unit”
Then Royalty Amount = Invoice Qty. * Rate
If Deduct COG is checked and COG field is not blank in Royalty Rate setup
Then Royalty Amount = Royalty Amount - COG
COG field in Royalty Calcualtion Line object is calcualted using COG in the Royalty Rate * Invoice Qty.
Royalty Calcuation
Field Name | Field Help |
|---|---|
Designer/Account/Vendor | Lookup to Salesforce Designer or Vendor Account |
Royalty Amount | Roll-up summary of Royalty Amount from from Royalty Calculation Lines. |
End of Month | Last date of the month. |
Month/Year | TEXT(MONTH( End_of_Month__c)) + '/' + TEXT(Year( End_of_Month__c)) |
Royalty Calculation Line
Field Name | Field Help |
|---|---|
Royalty Calculation | Master-Detail(Royalty Calculation) |
Sales Amount | Sales Invoice Line’s Line Amount |
Invoiced Qty. | Invoice Line Quantity |
Rate Type | Picklist with values “Percentage” and “Fix Amount per Unit” that determine type of rate in the Rate field |
Rate | Nummeric field represent % if Rate Type is ‘Percentage’, $ Amount if Rate Type is ‘Fix Amount per Unit’ |
COG | Cost of Good sold, 0 if “Deduct COG” is not checked for the matched Royalty Rate setup, otherwise COG = Invoice Qty. * COG in Royalty Rate setup. |
Royalty Amount | IF ( Not_Qualified__c != true, |
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Royalty Calculations
Use Commission Journal with header and lines.
Monthly routine to calculate Royalty based on Royalty Setups and Posted Sales transactions.
Review, then finalize the month.
Channel Type
In Total Sales:
Default Channel Type to Retail when sales orders are from Shopify????
Amazon????
Default Channel Type to Wholesale when sales orders are not from Shopify
Next Steps:
Copy GoldFinch commission module to Ad Magic UAT.
Adjust the code based on recent discussions.
Ad Magic to populate Commission Setups, then test the program.
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