Record Commission from Vendor

Back Top Previous Next

This explains what is required in order to provide a supplier with an invoice for commission:

 

Ensure there is a Commission Received General Ledger account in the required area of the General Ledger, and that it is not ticked as an Expense PO account.

 

comm recd acc

 

Info

If it is ticked as an Expense PO account, a separate general ledger account will need to be added for invoicing purposes.

 

On the ribbon, go to Tools > Setups > Accounting > Stock GL Groups and add a new Stock GL Group for the commission received Type = Non Depleting, Journal. Select the Commission Received general ledger account in both the COGS and Income fields, then save.

 

commission received

 

Add a stock record for Commissions Received, Type = Non Depleting.

 

commission received stock code

 

Add a job and invoice the supplier.

 

Further information

Record Commission Payment from Vendor