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Commission , dealer discounts & trade discounts

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(Querist)
18 November 2014 Hello Dear All Could any one please Tell me about difference between Commission , Dealer discounts & Trade discounts
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Amol S Joglekar

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Amol S Joglekar (Expert)
18 November 2014 01.Trade discount is the discount given by the Manufacturer Supplier to its dealers. Trade discount has NO pace in the journalisation of transactions.
02. Discount, in addition to trade discount, may be on account of step wise achievement of certain quantity of purchases by the deler from the manufacturer supplier.
03. Commission is normally given on SALES.
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