True-Up (Commission Adjustment)

Indholdsfortegnelse
Tilmeld dig vores nyhedsbrev
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

What is True-Up?

True-up is a periodic process where commission calculations are reviewed and adjusted to ensure salespeople have received the correct compensation. It's about "truing up"—bringing things into balance—by correcting for changes, errors, or missing data.

True-ups are particularly important in complex commission structures where data can change over time, or where commission is calculated on estimates that are later confirmed.

When is True-Up Necessary?

1. Changes in Deal Data

  • Contract value adjusted after signing
  • Start date changes
  • Products added or removed

2. Subsequent Discounts or Credits

  • Customer receives credit after complaint
  • Discount given retroactively as goodwill

3. Quota Adjustments

  • Territories change mid-period
  • Quota revised based on market conditions

4. Clawback Calculations

  • Customer churns and commission needs adjustment
  • Payment fails and commission must be recalculated

The True-Up Process

Step 1: Identify Discrepancies

Review deals where data has changed since original calculation.

Step 2: Calculate Correct Commission

Recalculate commission based on updated data.

Step 3: Find the Difference

Compare previously paid with correct amount.

Step 4: Adjust

Add or subtract in next payout period.

Calculation Examples

Example 1: Deal Value Adjusted Up

ElementOriginalAdjustedDifference
Deal value$60,000$75,000+$15,000
Commission (10%)$6,000$7,500+$1,500

True-up: Rep receives additional $1,500.

Example 2: Credits Given to Customer

ElementOriginalAfter CreditDifference
Deal value$45,000$40,500-$4,500
Commission (10%)$4,500$4,050-$450

True-up: $450 deducted from next paycheck.

Example 3: Quarterly Accelerator True-Up

Rep hits accelerator threshold late in quarter:

MonthQuota AttainmentRate UsedCorrect Rate
January90%10%12% (due to Q total)
February95%10%12%
March130%12%12%

At quarter's true-up, January and February are recalculated at 12% rate, and difference is paid.

True-Up Frequency

FrequencyAdvantagesDisadvantages
MonthlyQuick correction, fewer large adjustmentsAdministratively heavy
QuarterlyBalanced, fits with acceleratorsCan have larger adjustments
AnnualSimpleLarge adjustments, late-discovered errors

Benefits of Systematic True-Up

  • Accuracy: Ensures correct compensation over time
  • Trust: Reps trust that errors get corrected
  • Compliance: Documents that payments are accurate
  • Fairness: Both over- and under-payments are corrected

Challenges

  • Complexity: Requires good systems and processes
  • Negative adjustments: Reps don't like paycheck deductions
  • Timing: Delayed data can cause large adjustments
  • Communication: Reps need to understand why adjustments happen

Best Practices

1. Establish Fixed True-Up Cycle

Define when and how true-ups occur.

2. Communicate Proactively

Inform reps about upcoming adjustments before payroll.

3. Set Limits on Negative Adjustments

Consider max deduction per month to avoid "negative paycheck."

4. Automate

Use a system like Prowi to identify and calculate true-ups automatically.

Related Terms

Conclusion

True-up is a critical process for ensuring accurate commission administration. By establishing systematic true-up routines, you build trust with the sales team and ensure everyone receives the compensation they've earned.

Want to automate true-ups? Prowi automatically identifies deals requiring true-up and calculates adjustments. Book a demo to see how we can simplify your commission administration.