Commission , dealer discounts & trade discounts
This query is : Resolved
18 November 2014
Hello
Dear All
Could any one please Tell me about difference between Commission , Dealer discounts & Trade discounts
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.
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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