Recent content by dandomains

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    How to account for commission payments

    Would this not result in accounting for significantly more revenue than I'm actually making, with company be effectively paying £7.5+VAT and companyC £12.50+vat ?
  2. D

    How to account for commission payments

    Thanks for the answers, I'll try to clarify the business model I'm looking at as I think I may have been a bit too abstract. So it's a wholesale services platform (domain names), where CompanyA Ltd can sign up with me directly to sell services, they can also setup sub-resellers under them on my...
  3. D

    How to account for commission payments

    My accountant doesn't seem to be able to give a clear answer on how I need to handle commission payments. So basically, I'm writing a wholesale platform where we will have Resellers, who can also have subresellers. Currently the plan is that Subresellers will topup their account by paying us...
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