Selecting the tab for Adjustments from within a cycle will cause a popup to appear asking the user if they want to apply Adjustments. This page is often referred to as the ‘Applied’ Adjustment list page to distinguish it from the Adjustment list page for all Adjustments (Commissions > Adjustments).
The popup to apply will appear after selecting the tab for Adjustments but will not appear again once Adjustments have been applied. The popup will not appear if there are no adjustments or none that apply to the run parameters for Issuer or Processing Date. The popup includes an option to apply less than 100%. It is usually better to leave the percentage at 100% and then use the Adjustment Allocation page to reduce the amount of Adjustments applied for selected Agents.
Adjustments that do not reduce Net (like Bonuses) will always be applied at 100%. The system will also bring in Agents if needed that are not already in the cycle due to Commission Activity.
Only Adjustments with no Issuer or for the Issuers selected for the specific run will be applied.
Refer to the section in this document for Adjustments for additional details on the process.
Popup to Apply Adjustments that appears when the Adjustment tab is selected:
Adjustments (Applied) list page within a cycle:
The following columns are displayed in the (Applied) Adjustment list page:
- Agent ID – Comissio ID for the Agent.
- Name – name of the Agent or Business Name if designated an organization.
- Description – description of the Adjustment category.
- Issuers – Carrier/Company if entered for the Adjustment.
- Total – Total amount for the Adjustment for the Agent.
- Amount Applied – amount applied this cycle.
- Remaining Balance – outstanding amount of the Adjustment after amount applied from this and previous cycles.
- Apply to Agent Balance – checkbox.
- Apply to Form 1099 – checkbox.
- Apply to Net – checkbox.
- Notes – notes entered in the Adjustment detail page.
Applied Adjustment list page – line options:
View Adjustment Details – will open a display-only detail page for the selected Adjustment.
Edit/View Adjustments - opens the Adjustment Allocation page with the Adjustment records that have been applied and allows changing the allocated amounts.