29 January 2018
If commission is written in the Purchase order or if there is an agreement with the Commission Agent, you write a letter to the your bank for adjustment of commission with the amount receivable and for the balance amount, if it is not receivable, write to bank for writing off the amount. In such a case you will have to refund the Drawback received by you, if any.
29 January 2018
No, Sir, Commission is not mentioned in Any Purchase Order, We are paying the Commission for Activities Like Fill up the Tender of Turkey Govt. for gathering the Turky Govt. Order and Other Non Govt. Order.
29 January 2018
We can make only Settlement Agreement with the Customer for the Amount Receivables for our Sales and Ampont payable for the Sales Commission and other Expenses Incurred by Customer. Can we close this issue by these Documents ?
CAclubindia
