Affiliates revenue Passthru
Hi Experts,
I work for service company, We have requirement from our business that " They do business using Affiliates" , Affiliate's does the service to the end client behalf of our company and We bill the customer and We have to collect the revenue and we have pass thru the revenue after deducting the fee to the affiliates. We cannot recognize the revenue as our revenue because its our affiliates revenue we are just billing centrally due client agreement.
Accounting rules for my company: We have 6 segments in COA,
Revenue Account: Will come from Item
Cost center will come Customer bill to site
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