LeadSparx › Builder commission tracking
Builder commission tracking for real estate channel partners
For a channel partner, the booking isn’t the finish line — the builder’s payment is. Commission is released months later, often in parts, after invoices, reminders and follow-ups. LeadSparx tracks every rupee from the moment a flat is booked until the builder has paid in full.
Commission calculated on every booking
- Set each project’s brokerage terms once: flat %, slabs, or milestone-based payouts.
- On booking, LeadSparx calculates brokerage on the agreement value, adds 18% GST and deducts TDS — on the server, so every booking uses the right terms.
- Per-flat executive bonuses are logged automatically for the booking agent.
GST invoices done right
- Invoice numbers run sequentially per financial year (e.g. INV/2026-27/0001).
- Your GSTIN, the builder’s GSTIN and address, SAC code and place of supply on every invoice.
- CGST + SGST or IGST chosen from the property’s state.
- Issued invoices are locked — no silent edits after they’re sent.
Collections and part-payments
- Record each payment with the date received and cheque number or UTR.
- Overpayments are refused; a wrong entry is voided with a reason, never deleted.
- Stages from Booked → Invoice sent → Collecting → Received.
- Receivables by builder with aging buckets, and overdue amounts on the owner dashboard.
TDS handled correctly
Builders deduct TDS under section 194H — 2% since 1 October 2024 — on the brokerage excluding GST. LeadSparx applies that by default, so your net receivable matches what actually reaches your bank. Read our full guide to GST and TDS on brokerage for the details.
Frequently asked questions
How is brokerage commission calculated?
Brokerage = the builder’s rate on the agreement value (flat %, slab or milestone terms). GST at 18% is added on the invoice, and the builder deducts TDS at 2% on the brokerage (excluding GST). Net receivable = brokerage + GST − TDS.
Can I track part-payments from builders?
Yes. Record each instalment with its date and cheque/UTR reference; LeadSparx shows collected vs outstanding and moves the commission to Received when it is fully paid.
Does LeadSparx create GST invoices?
Yes — sequential per financial year, with both parties’ GSTINs, SAC code, place of supply and the correct CGST/SGST or IGST split, locked once issued.
Stop losing leads. Start tracking every rupee.
Set up your firm in minutes — bring your team, builders and pipeline. Free for the first 6 months.
Start free