Sales Commission Excel Calculator

This Excel Sales Commission Calculator is an efficient tool for organising payments to employees in the sales industry.

by Mahender K. Punhani
Financial Modeler | Financial Analyst | Start-ups | Real Estate | Merger & AcquisitionsFollow 102

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Description
This Sales Commission Calculator from Mahender Kumar is a simple, efficient tool for accurately working out the commission that should be paid to each employee. The Excel template has a professional and clean aesthetic and is fully functional with automated cells and calculations.

In the sales and lead generation industry, commission is a popular remuneration scheme used by employers. It has several benefits, including:

- keeping the employees motivated thanks to the potential monetary reward for completing a sale

- enabling the business to pay lower wages to staff as the loss is compensated for by the commission

- attracting competitive personalities who are looking to gain financially in an often competitive environment, heighten by the potential monetary gain available

This Excel spreadsheet includes data fields for up to 36 months. The tables are divided into sections for each salesperson. It is very clear and easy to navigate between, and to highlight, the salespersons in order to see who is to be paid which amount.

If you have any questions, or even see the potential for new features, do not hesitate to reach out to Mahender by sending him a message on his channel. Here, you will also find numerous other startup and financial projections models.

This Best Practice includes
1 Excel Spreadsheet