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- Mar 28, 2018
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Hi,
I have trouble performing double entries for the below. Can anyone advise? Thanks!
I am operating an e-commerce platform whereby seller sell their product on my platform to buyer.
I charged a platform fee as commission for use oft he platform for connecting seller to buyer. AS i am using a payment gateway to help verify and collect the money on behalf of the seller, i am charged a gateway processing fee.
I will settle the account of the seller when i received money from the payment gateway.
Item cost 30,000
Shipping 600
Platform commission 2,142
Payment gateway fee 655
33,397
I have trouble performing double entries for the below. Can anyone advise? Thanks!
I am operating an e-commerce platform whereby seller sell their product on my platform to buyer.
I charged a platform fee as commission for use oft he platform for connecting seller to buyer. AS i am using a payment gateway to help verify and collect the money on behalf of the seller, i am charged a gateway processing fee.
I will settle the account of the seller when i received money from the payment gateway.
Item cost 30,000
Shipping 600
Platform commission 2,142
Payment gateway fee 655
33,397