Houston Chronicle

How to Handle Sales Commissions in Financial Statements

A sales commission is money your small business pays an employee when she sells your products or services to customers. You must report sales commissions as part of the operating expenses on your ...
Houston Chronicle

Examples of Accounting Problems With T-Accounts

T-accounting is a method used by accountants and bookkeepers that gets its name from the T shape formed by the two columns used to record entries. Also called double-entry accounting, T-accounting ...
Business Wire

Advantage Systems Launches Enhancements to the Commissions Module of its “Accounting for Mortgage Bankers” Software

IRVINE, Calif.--(BUSINESS WIRE)--Advantage Systems, a provider of accounting and financial management tools for the mortgage industry, announced today updates to the Commissions Module of its ...
Business Wire

Xactly Powers Compliance for New Commission Expense Accounting Requirements Under ASC 606

SAN JOSE, Calif.--(BUSINESS WIRE)--Xactly (NYSE:XTLY), a leading provider of cloud-based incentive solutions, today announced the general availability of the Xactly Commission Expense Accounting (CEA) ...

[Special Feature] Girls' Bar Accounting and Commission Management: Separating Payment Verification from Performance Confirmation

Suppose that after you have finished handling a customer's payment, a cast member asks, "I want to check my commission for today." Does the fact that the payment has been made mean that the commission ...