The Financials module controls commissions according to percentages predefined in collector register. The commission is calculated considering commission percentage defined in collector register.
Commission is calculated automatically while the receipt is prepared and generated.
You can change calculated receipt commissions and update commission payment date. Thus, paid commissions are better controlled.
In the system, commissions are considered as liabilities payable, just like trade notes.
A collector is a person or entity responsible for collecting bills from customers. |
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