Easy-Commission

Product

Product refers to items or services that are offered to the customer. The Product page contains information about the product details. After entering the Product's master details, you can set product based commission plan or enter the transaction details.

The Product menu lets you quickly create, and view the Products information. You can sort and filter Products information using standard and custom list views provided below the Title in a page. In addition, this page lets you copy, and delete, edit the Products information. In the Next Step section of the Product page, you can add Product based commission plan or transaction. This page also lets you to go to the previous page and Home page. In the Related Information section, you can view the information related to the Product page.

 

You can click Master Data ? Product menu item to display the "Product" page. This page will list all the Product ID, Product Name, Product Type, Unit Cost, Links to Edit, Copy, Delete option.

Product Fields

Here is a description of the Product standard fields and some of these fields may not be editable depending on your page layout.

Field	Description
Product Name	Name of the product. For example, Bolts. Up to 255 characters are allowed in this field.
Product Description	Short description of the product. Up to 255 characters are allowed in this field.
Sub Product Of	Some product records can be related to another. E.g. Bolts to Spares.
Product Type	Type of product. E.g. Commissionable, Non Commissionable etc.
Preferred Vendor	Preferred vendor for this product.
Unit of Measure	Unit to measure the product. E.g. Numbers, Kg, litre.
Unit Cost	Cost of the product as per unit of measure. E.g. $2 per Kg.
Vendor Product Id	Identifying code of the product with respect to vendor.
Unit Sales Price	Selling price of the product E.g. $100.
Quantity on Hand	Quantity of product that company currently has. E.g. 10 kgs.
Quantity on Order	Quantity of product ordered by the company. E.g. 30 Kgs.
Reorder Point	Minimum Quantity of product at which purchase order should be raised by the company. E.g. 10 Kgs.
Tax Code	Tax code applicable for the product.
GL Income Account	GL Income is the account where the amount received from selling goods or services over a period of time is maintained. E.g. Sales Account.
GL Expense Account	GL Expense is the account where the amount spent to pay for a product or service is maintained. E.g. Purchase Account.
Commission rate	Rate at which, the Rep will be paid for sale of this product. E.g. 5.
Commissionable	Whether the transaction involving this product should be considered for commission calculation or not. E.g. Yes or No.
Owner	Owner of the record. Typically owner will be any of the user id. E.g.sample_randy@yahoo.com. By default, Owner will have access to this record.

 Adding a new Product

The user can create new product details such as Product ID, Product Name, Product Description, Sub Product Of, Product Type, Preferred Vendor, Unit of Measure, Unit Cost, Vendor Product Id, etc. For example, to add new product "Nuts" details, follow the steps given below:

1. Click Master Data menu ? Product submenu item. The "Product" list page opens.

2. Click on Add New button to create a new product. The "Product - Add" detail page opens.

 

3. Type the name of the product in the Product Name text box. For example, type the product name as" Software License Annual".
4. Type the short description about the product in the Product Description text area.
5. Select the higher-level product id from the Sub Product Of drop-down. Product records can be grouped together into families. The 'Sub Product Of' is the higher-level product to which the product is attached. Sub-Product allows you to arrange your products in a hierarchical way. For example, select the sub product as "Chips" from the drop-down.
6. Type the name of the family to which the product belongs to in the Product Type text box. For example, type the product type as "License".
7. Select the name of the vendor, who sells the product in the Preferred Vendor text box. The product purchased from the vendor called Preferred Vendor. For example, select the vendor as"AR/PR".
8. Type the units or way to measure the product in the Unit of Measure text box. The units are Grams, Kg, Number of Items, etc. For example, type the Unit of Measure as "Numbers".
9. Type the cost of producing a unit of a product or service in the Unit Cost text box. For example, type the unit cost as "1500.00".
10. Type the product identifying code used by the supplying vendor in the Vendor Product Id text box. For example, type the vendor product id as "TN 444".
11. Type the selling price of the product per unit in the Unit Sales Price text box. For example, type the unit sales price as "3000.00".
12. Type the quantity of product that company currently has in the Quantity on Hand text box. For example, type the Quantity as "50".
13. Type the number of products ordered by the company in the Quantity on Order text box. For example, type the Quantity on order as"25".
14. Type the threshold inventory on hand, at which point the product has to re-order in the Reorder Point text box. For example, type the value as "15".
15. Type the tax code applicable for the product in the Tax Code text box. This should be the number followed by a letter or letters, or a letter followed by numbers.
16. Type the account name for the GL Income in the GL Income Account text box. GL Income is the account where the amount received from selling goods or services over a period of time is maintained. For example, type as "Sales Account".
17. Type the account name for the GL Expense in the GL Expense Account text box. GL Expense is the account where the amount spent to pay for a product or service is maintained. For example, type as "Purchase Account".
18. Type the Commission rate at which, the Rep will be paid for sale of this product.
19. Select the Commissionable check box to mark this product as commissionable, so that the transaction involving this product will be considered for commission calculation.
20. Click Save to save the added product details or click Save & Next to save and create new product details.  Click Reset to undo the action.
21. Select the Owner of the record. Typically owner will be any of the user ids. E.g. sample_randy@yahoo.com. By default, Owner will have access to this record.

Note:

• To update a product details, click Edit  icon, and then change the fields you want to update.
• To copy the product details from an existing data to create a new product details, click Copy   icon provided on the "Product" list page.
• To delete a product details permanently from the database, click Delete  icon provided on the "Product" list page.
• To view the particular product details in readable mode, click on the required Product Name link. You can also copy, delete and edit the readable mode by clicking the respective buttons provided on the top right of the "Product- view" page.
• To sort the column alphabetically/ascending order, click on the required column header and click the column heading a second time, to reverse the sort order.
• To set commission plan based on the product, click Set product based commission plan link provided in the Next Step section.
• To enter transaction manually, click Enter transactions link provided in the Next Step section.
• To view the information related to the product page, click on the required link provided in the Related Information section.

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