Accounting Transaction Trees

This section graphically illustrates the two procedures recommended for processing revenue for a van line chargeback.

 

The two sections are based on this example:

§ The moving company is the booking agent for the van line.

§ The moving company expects to invoice a customer in place of the van line for a move costing $10,000.

§ The van line will charge the full amount of the move back to booking agent (moving agent).

§ The booking agent (moving company) expects to receive a 15% commission from the van line.

§ The moving company will manually enter the transactions in Revenue Entry instead of importing them in order to maintain a documentation trail.

 

Read On:

When Processing Revenue for a Known Van Line Chargeback

When Processing Revenue for an Unknown Van Line Chargeback