What to insert, I get commissions on Sale, where does it go?

Bill Wisse wiswp at niue.nu
Mon Jun 7 22:07:28 EDT 2004


On Monday 07 June 2004 14:44, Serkano wrote:
> Hi there,
>
> Thx for such a great program and we appreciate it.
>
> One of our sales involves selling Domain Names to customers. And the way
> we get paid for each sale is by commision, For example, we get Charged
> $10 for a domain name, we set the price to $12, customer makes a
> purchase, we keep $2 of that sale.
>
> So in GnuCash, How do we insert that transaction into the Sales Account?
>
> Any help will shed a light...
>
> Thanks

Hi Sekano.
First IANAA but I would do it this way.
It is just as any other sale, you bill your customer for $12.00. (Debtor)
OTOH you get an invoice from your supplier for $10.00 ( Creditor)
You pay and receive , link it to the right costs and sale accounts and your 
$2.00 profit will show up.

HTH

-- 
Greetings from

/bill at 169 west , 19 south.  
  
Disclaimer: Any errors in spelling, tact, or fact are
transmission errors."

 
  





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