Capped plan
An annual ceiling on total commission, clipped when it binds.
Worked example
Once a rep reaches $250,000 for the fiscal year, further periods pay nothing.
The plan definition
This is the plan exactly as the product would create it. Rates are decimal strings rather than numbers throughout, because binary floating point cannot represent most of them exactly and a commission rate is not a place to discover that.
id: capped-annual
version: 1
effective_from: 2026-01-01
period: monthly
currency: USD
components:
- id: bookings
label: Bookings
basis: allocation.amount
rate:
type: flat
rate: "0.10"
caps:
- id: annual_max
scope: plan
window: fiscal_year
max: 25000000
on_breach: clip
Starting from this template gives you an editable copy, it is not locked, and the editor validates as you type.