My request is based on my business nature of Commission Based Payment Structure. The following link is the Topic where Brucanna and Tut help out the my accounting treatment issues.
Sub-accounts within special account
- As per information from the link above, I have to handle special accounts relating to recruit’s commission.
If in future I might have more than 7 or 8 recruits, and I may use special Accounts for other use like trust fund. I think it will be not be proper if I mix recruits’ special accounts names in a main screen of Special account tabs.
Thus, I would like to have additional feature of Sub-Accounts within special Accounts.
Internal Split Accounts in Non-Inventory item tab.
- As per link above, The commission based payment structure, it relates with 4 parties, which is very similar to Insurance Company.
d. Service Provider
For every purchase the customer bought from my recruits, only partial of the sum are recognize as income, while the rest will be liabilities to me.
The issue is, if I do Split Transaction in Sales Invoice, It will show internal transaction in Sales invoice, which is not use-able to give out to the customer.
So, I have to set in Non-Inventory items to a Clearing Account before I Split the transaction to the respective Account by using Journal Entry.
The Non-Inventory Item only allows 1 Account to be posted to. I would like to have a Split Account, So the Journal Entries are not needed to post for the said transactions.