Need the Rate from the Lower Rate Dimension Tier to be Applied When the Transaction Amount Equals the Max Value of the Rate Dimension Tier (Doc ID 2582565.1)

Last updated on SEPTEMBER 03, 2019

Applies to:

Goal

In Oracle Incentive Compensation, you find that the rate tier needs to be gapless. You have a business requirement where the accumulated transaction amount equals the maximum value of one tier, then the rate associated with that tier should be applicable. If you understand correctly, in OIC, the rate from the subsequent higher tier applies.

For example,

Business Requirement:

All salesreps are compensated using the following rate table
-Tier 1: 0 - 1,500,000 >>> 1.75%
-Tier 2: 1,500,001 - 3,000,000 >>> 2.50%
-Tier 3: 3,000,001 - 4,500,000 >>> 3.25%
-Tier 4: 4,500,001 and above >>> 4.25%

Accordingly, you have created the following table in OIC. Since the tiers have to be gapless, you have the following rate dimension.

-Tier 1: 0 - 1,500,000 >>> 1.75%
-Tier 2: 1,500,000 - 3,000,000 >>> 2.50%
-Tier 3: 3,000,000 - 4,500,000 >>> 3.25%
-Tier 4: 4,500,000 - 100,000,000 >>> 4.25%

Accumulated transaction amount = USD 1,500,000
Rate applied = 2.50%
Actual rate that needs to be applied as per business requirements is 1.75%.

You want to know if there is any way to achieve this?
 

Solution

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