Accounting code for application fees to settlement commision
Ankita (0) (125 Points)
05 July 2013
Mir Irshad Ali
(Partner)
(192 Points)
Replied 05 July 2013
Since no specific accounting code is provided for settlement commission payments, it appears that the payment of Application fee for Settlement Commission can be made under account head "Other receipts" of the respective service for which the application is being made.