Alec Young As part of VendorPlus+ Invoicing v2, you can now set Commission rulesets for each of your Vendor Profiles.
If you’re unsure what Vendor Profiles are, we recommend reading this guide first:
Accessing the Vendor Records list in VendorPlus
Step 1: Open the Invoicing > Vendors menu
From anywhere in VendorPlus, scroll to or look at the top of your screen and float your cursor over the Invoicing option, then click Vendors:
Step 2: Switch to the Vendor Records tab
Once the Vendors menu loads, click on the Vendor Records tab at the top-left of the menu:
You’ll now see a list of your Vendor Profiles inside a table, displaying each Vendor Profile in separate rows, containing their ID Number, Name, Email Address, Phone, Linked User, Rules badge and an Edit button.
Setting Commission Rules for each Vendor Profile
Step 1: Click Edit
For the Vendor Profile you want to update, click the Edit button at the right-hand side of the table:
You’ll now see the Vendor Profile menu, divided into 3 tables:
- Vendor Information – this Vendor Profile’s name, email address and contact number
- Commission Rules
- Xero Settings
Step 2A: Click Add Rule +
To set up a new Commission rule set for this Vendor, click the blue + Add Rule button inside the Default Rule Set table:
You’ll now see 4 fields:
- Min/Minimum – the minimum Hammer/Unit Total amount this commission rule can be applied to
- Max/Maximum – the maximum Hammer/Unit Total amount this commission rule can be applied to (alternatively the Commission Cap)
- Value – the Commission rate value
- Type – a dropdown setting if this Commission is a percentage or a flat amount.
Use the Min and Max fields to set the Commission minimum and cap, then use the Value field to set the Commission rate, and under Type select either Percentage or Amount for the Commission type:
You can then click Add Rule + again to set up an additional Commission rule.
This default rule set will then be applied for all Vendor Statements generated for this Vendor Profile.
Step 2B: Click Add Per-Auction Rule Set +
To set up a new Commission rule set that will only apply for a specific Auction, click the blue Add Per-Auction Rule Set + button:
You’ll now see a dropdown containing your Auction List, click the dropdown and then select an Auction:
Below the Auction dropdown, click the blue Add Rule + button and 4 fields will appear:
- Min/Minimum – the minimum Hammer/Unit Total amount this commission rule can be applied to
- Max/Maximum – the maximum Hammer/Unit Total amount this commission rule can be applied to (alternatively the Commission Cap)
- Value – the Commission rate value
- Type – a dropdown setting if this Commission is a percentage or a flat amount.
Use the Min and Max fields to set the Commission minimum and cap, then use the Value field to set the Commission rate, and under Type select either Percentage or Amount for the Commission type:
You can then click Add Rule + again to set up an additional Commission rule for this Auction.
The Per-Auction rule set will then be applied for the Vendor Statement generated for the selected Auction.
Step 3: Click Save
Once you’ve set your Commission rule sets, click the blue Save button at the bottom-left of the menu:
Setting a Branding Theme for each Vendor
Inside Xero itself, you can create bespoke Branding Themes that act as branded templates for your Invoices.
To view our dedicated guide for setting up Branding Themes in Xero, click here.
Step 1: Click Edit
For the Vendor Profile you want to update, click the Edit button at the right-hand side of the table:
You’ll now see the Vendor Profile menu, divided into 3 tables:
- Vendor Information – this Vendor Profile’s name, email address and contact number
- Commission Rules
- Xero Settings
Step 2: Select a Branding Theme
Scroll down to the Xero Settings section and click on the dropdown beneath the Branding Theme label:
This will display a list of the Branding Themes available in your Xero organisation, select one from the list and then click the Save button at the bottom left of the menu: