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TUTORIALS / 07 - COMMISSIONS

How to pay your sales team commissions.

A short walkthrough of commissions in LetSign: set a plan, see what each rep earned from real payments, and record what you paid.

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IN THIS VIDEO

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0:12Set the commission plan0:30Per-rep rates0:41Contracts0:52Earnings and statements1:07Mark a period as paid1:17What reps see
STEP BY STEP

Pay commissions in four steps.

The same flow as the video, written down. Commissions are on the Team plan.

1

Set the plan

Open Commissions, then Plan. Choose what commission counts on, when reps get paid, the rate, the pay period and what happens when a client leaves early. Click Save as new version.

2

Adjust per rep

On the People tab, give a rep a different rate or customize a full plan for them.

3

Check contracts and earnings

Contracts lists every signed deal with its rep, what was invoiced and what was earned. Earnings adds it up per period and per rep: earned, clawed back, adjustments and net.
4

Pay and record it

Once you have paid your team, open Pay and click Mark as paid on the period. Each period has a CSV export for payroll.

TRANSCRIPT

Read along.

Show the full transcript

0:00Paying commissions shouldn't take a spreadsheet. In this video, you'll set a commission plan, see what each rep has earned from the deals they closed, and record what you've paid.

0:12Start in Commissions, on the Plan tab. Choose what commission counts on, like money collected, and when reps get paid. Set the rate, the pay period, and what happens when a client leaves early. Then save it as a new version.

0:30Everyone follows the plan by default. On the People tab, give a rep a different rate, or customize a full plan just for them.

0:41Contracts lists every signed deal, with its rep, what's been invoiced, and what's been earned. If a deal has no rep yet, assign one.

0:52Earnings adds it all up: earned, clawed back, adjustments, and net, for each pay period and each rep. Open a statement to see exactly where every dollar comes from.

1:07Once you've paid your team, go to Pay, and mark the period as paid. Each period has a CSV export for your payroll.

1:17Your reps see their own plan and their own earnings. And anyone can ask their assistant: How much commission did I earn in September?

1:26That's commissions, worked out from real payments. Next up, running a partner program.

FAQ

Commissions, answered.

How does LetSign work out commission?

From your plan and from the payments each deal actually brings in, so reps are paid on money collected, not on invoices that never get paid, if that is how you set it.

What happens when a client cancels early?

Your plan decides. With clawback, part of the commission is taken back from the rep's future earnings, in proportion to how long the client paid.

Can reps see their own commission?

Yes. Members see their own plan, contracts and earnings, and can ask their AI assistant how much they earned.

Which plan includes commissions?

Commissions are part of the Team plan.

YOUR TURN

Commissions from real payments.

Start free, then move to Team when you're ready to pay your reps from LetSign.

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