03-23-2011, 04:48 PM
I am developing an inventory software,in that i have a doubt on posting
agent's commission to accounts when saving a sales invoice.
I have the following acccounts in the software,
Cash In Hand
Sales Account
Agents account [under commission group <- under Expense group]
whenever a new invoice created user will select particular agent for that sale.
Agents commission per item are set when a new agent is created.
Total Commission that the agent has to be given is shown in a box in the invoice.
Can anyone pls clarify the posting of commission to accounts.
for ex - if commission is 100 rs
Debit Credit
Agent 100[Dr.]
cash In Hand 100[Cr.]
agent's commission to accounts when saving a sales invoice.
I have the following acccounts in the software,
Cash In Hand
Sales Account
Agents account [under commission group <- under Expense group]
whenever a new invoice created user will select particular agent for that sale.
Agents commission per item are set when a new agent is created.
Total Commission that the agent has to be given is shown in a box in the invoice.
Can anyone pls clarify the posting of commission to accounts.
for ex - if commission is 100 rs
Debit Credit
Agent 100[Dr.]
cash In Hand 100[Cr.]
