The **Parameters** feature in the Formula Wizard Setup provides the parameters for the commission calculation.

Depending on the Data Element properties, the **Parameters** screen shall display a different set of commission calculation option.

The Commission shall be calculated either as Per Percent or By Quantity of the transaction/sale. Next, set the threshold value limit below which there shall be no bonus. Finally. You can set a capping value that limits the amount of commission that can be earned thus diminishing the incentive to go above and beyond.

Why not addressing the "**By What field, Accumulation, Time Frame" **parameters?

For a **Per** **Percent** commission rate, proceed as follows:

- Click on
**Parameters**(1) in the Formula Wizard - Select
**As****Percent**(2) if the commission is calculated as a percentage of the sale. **Note:**As Percent is the default choice when selecting Parameters.- Enter the
**Rate**(3) so the commission is calculated as a percentage of this rate for each transaction. - Enter the
**Threshold**(4) value as the minimum rate below which no commission is paid. - Enter the
**Capping**(5) value to limit the commission value beyond this value. - Press
**Finish**(6) to complete the Formula Wizard set up for the selected Data Element.

For a **By** **Quantity** commission rate, proceed as follows:

- Click on
**Parameters**(1) in the Formula Wizard - Select
**By Quantity**(2) if the commission is calculated as a quantity or an amount of the sale. - Enter the
**Rate**(3) so the commission is calculated as a rate (or sum) for each transaction. - Enter the
**Threshold**(4) value as the minimum rate below which no commission is paid. - Enter the
**Capping**(5) value to limit the commission value beyond this value. - Press
**Finish**(6) to complete the Formula Wizard set up for the selected Data Element.

(Need to create another one for Bonus Parameters, and for Compatition...)

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