Understand paid status for listing commission on staff statement

Summary

Learn how the system marks a listing commission as paid on a staff commission statement by ensuring both a commission invoice and a sales receipt are correctly added.

This article covers:

• Overview
• How the system marks a commission as paid

Overview

The “Invoice Paid” status in the Staff Commission Statement indicates that the vendor commission invoice has been paid, and the funds are available for agent distribution.

How the system marks a commission as paid

To trigger the “Invoice Paid” status, two conditions must be met:

• Create a Commission invoice
  • A commission invoice must be generated for the listing
  • This invoice represents the amount owed by the vendor for the agent’s services
• Create and allocate a sales receipt
  • A sales receipt must be entered into the system
  • The receipt must be allocated to the commission invoice to show that payment has been received

Once both the invoice and receipt are correctly entered and linked:

• The system updates the Staff Commission Statement to show the commission split as “Invoice Paid"
• This confirms that the funds are available for agent payout