Section: Accounting
Subject: Termite Commissions Worksheets
Approved by: Marlene Kolesky
Effective Date: 11 March 1988
Last Reviewed Date: 11 March 1988
Policy Owner:
Policy #
INSTRUCTIONS FOR TERMITE COMMISSIONS WORKSHEET
To be used to track termite commission payments for the current month. Instructions on how to complete:
Date sold – Date contract and down payment given to salesperson
Service Order number – Number on service order
Type – Sub, fume, PR, CL, etc.
C/F – Cash/Finance
Amount – Total amount of job and all misc. charges
Down payment – Should be 1/3 of the total amount (Note: This should be collected on all contracts – cash or finance)
Date completed – Date job was completed
Payment – Any payment made on the account during the month
Commission – Total payments made for a month. This figure is then entered on the payroll commission sheet and paid at the appropriate percent of termite commission.
Note: At the beginning of each month, all accounts that have not been paid in full, should be brought forward.