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.
 |
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.
Add a stock record for Commissions Received, Type = Non Depleting.
Add a job and invoice the supplier.
If you invoice the vendor for commission: Add a new non depleting stock code called Commission, and invoice the vendor.
If you do not invoice the vendor for commission: Add a Negative Expense Order, and post to the desired general ledger account.
This will create a credit in the vendor's account. |
Further information
Factor a Procedure with 3rd Party Debtor Finance
Give a Customer a Permanent Discount