Download free excel template for computing sales commission in your business and profession. This template is free to use and comes with basic fields required for computing the sales commissions.
Download free real estate commission calculator, if you are looking for niche-based commission calculator that addresses the requirement of real estate business.
About sales commissions calculator excel template
Once you download this template, you will see that there are some dummy data in the excel file. Also, this template comes with pre-defined fields. Some default fields are –
- Employee Count
- Total Sales
- Total Commissions paid
- Name of Sales man/ sales woman
- Total Sales amount for each sales man/ woman
- Commission amount
- Years of Service
There are two sheets in this template, one being the commission calculator and another being the years of service master sheet.
The years of service in the first calculation sheet is linked with the other sheet via Data Validation Feature in Microsoft Excel.
You can customize this template as per your requirement. Customization can be done in terms of color schemes, fields, years of service, formulae. However, we advise to review the changes before implementation. Commission percentage is linked with years of service for each sales man/ sales woman.
Understanding Sales Commissions
Self-employed artists and professionals do not depend on a salary. They receive a commission whenever they offer their services to a customer. Some companies do not hire salaried salespeople. They pay them commissions depending on what they have sold. Artists provide their terms of service in the art commission sheet template. Hence, to organize the payments to agents and sales man and woman, the importance of having a good sales commission calculator arises.
Download and use sales commission calculator excel template
To use this free Sales commissions calculator excel template, you should have Microsoft Office/ Microsoft Excel installed in your system.
Once extracted, you can open the file using Excel and start entering data or customizing the template. You can customize the currency, color scheme, fields in this excel template as per your requirement.