USA How is accounts receivable balance calculated for a commission based business that receives payment directly from providers?

Joined
Jul 17, 2019
Messages
1
Reaction score
0
Country
United States
How is accounts receivable balance calculated for a commission based business that receives payment directly from providers? We are never a signee on the client contract. So would that effectively mean that we do not have open AR balance?
 

kirby

VIP Member
Joined
May 12, 2011
Messages
2,448
Reaction score
334
Country
United States
Look at your general ledger. If you do not have customer accts receivable accts related to the commission plan on the g/l then you need to do something else for the plan.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

Forum statistics

Threads
11,629
Messages
27,572
Members
21,370
Latest member
BoltonPlumbing

Latest Threads

Top