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Revenue sharing - payment to the customer

Asked on Dec. 6, 2020

Hi, hopefully it is a quick question. Our company just started to do revenue sharing with a customer, we are paying the customer 80% annual fee and 80% interchange fees based on the information that we have received. What is the proper way to book the payment to the customers? thanks

Answers

Tony Morales's headshot
Tony Morales Certified Public Accountant • December 19, 2020

https://www.proformative.com/questions/how-do-i-account-revenue-share-vendor

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