Overview
The Adjustment Monitor allows Commissions teams to manage Ad Hoc, Recurring, and Dynamic adjustments. Whenever the system applies an adjustment to a rep’s compensation, it creates Adjustment Credit Event. Reps can see these adjustments on the statements generated by the system during each pay period. You can view the guide for more information on these types of events.
Setup
The Setup tab has two subtabs: Adjustment Type and Adjustment Status Flags. Click the tabs below to learn more.
Creating Adjustments
Once you have set up your adjustment types, users can begin creating adjustments. They can either click Add Adjustment (1 adjustment) or Add Multiple Adjustments (4 adjustments). There are 9 fields on these adjustment windows.
Assigned To: Select the employee, location, team, or company that the adjustment applies to.
Type: Select the Adjustment Type.
Periodicity: Automatically set by Type.
Value: Set the value for the adjustment.
Number Per Period: Automatically set by Type.
Adjustment Date: Required for non-reoccurring adjustments.
Effective From: Required for reoccurring adjustments.
Effective To: Required for reoccurring adjustments.
Description: Enter a description for this adjustment. This description will appear on reports.
Updating/Removing Adjustments
Adjustments may be updated or removed until the associated payroll period has been posted. To remove an adjustment that has not been posted, search for and then select the adjustment you want to delete,
You may end a reoccurring adjustment early by locating and opening the adjustment, then changing the Effective To date. You cannot set this date any earlier than the last day of the most recently posted payroll period.