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Getting Wrong Expected Commission With Per Event True-up Plan Component Setup (Doc ID 2619748.1)

Last updated on DECEMBER 19, 2019

Applies to:

Oracle Fusion Incentive Compensation Cloud Service - Version 11.13.19.07.0 and later
Generic (Platform Independent)

Symptoms

Commission is only generated on the first transaction and not for the other transactions on plan component that is Per Event and True-Up is enabled.

 

STEPS
1. Create Performance Measure "Individual PM Quarterly Interval"
          Performance Interval = Quarter
          Process Transactions = Individually
          Measure Formula = ROUND ( Credit.Credit Amount / Measure.Interval Target * Plan.Target Incentive * Plan component.TI Weight / 4 )
          Total Target = 2,000,000
          Quarterly Interval Target = 500,000

2. Create Plan Component "PC PerEvent TrueUP"
          Target Incentive Percent = 50%
          Incentive Formula= ROUND ( Prorated Measure Participation ( Measure result.Individual PM Quarterly Interval.SrpCompPlanID ,
                                                                                                 Measure result.Individual PM Quarterly Interval.PlanComponentId ,
                                                                                                 Measure result.Individual PM Quarterly Interval.Period ID ,
                                                                                                 Measure result.Individual PM Quarterly Interval.FormulaId )
                                                  * Measure result.Individual PM Quarterly Interval.ITD Output Achieved
                                                  * ( Credit.Credit Amount / Credit.Credit Amount ) )

3. Create Compensation Plan [ Target Incentive ] = 4,000,000 and add the plan component
4. Assign comp plan to participant for date range 1/15/19 - 12/31/19
5. Create transactions
          Transaction Number   Event Date   Transaction Amount
                Trx1                   1/20/19          $30000
                Trx2                   1/21/19          $20000
6. Run All Transaction Processes
7. Review Earnings
          Transaction Number    Event Date   Commission Amount
                Trx1                   1/20/19          $42222.22
                 Trx2                        1/21/19                 $0.00

 

Cause

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In this Document
Symptoms
Cause
Solution
References


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