Western union money transfer business

RAJ KUMAR (FINANCE MANAGER) (1393 Points)

19 February 2014  

HELLO FRIENDS, CAN ANYBODY TELL ME MY CLIENT HAS TAKEN AN WESTERN UNION MONEY TRANSFER AGENCY AND STARTS WORKING, PLS. TELL ME WHAT IS THE ACCOUNTING ENTRIES TO BE DONE 

WHETHER ONLY COMMISION INCOME IS TO BE SEEN FOR SERVICE TAX REGISTERATION

IS THERE ANY SPECIAL LEGAL REQ.

PLS. HELP ME.

THANKS.