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Accounting - PowerPoint PPT Presentation


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Accounting. Your Account. Your account represents a series of credits and debits. Credits that will reflect on your account include:. Initial Commission Renewals Mentoring Bonuses Commission Splits Miscellaneous Credits. Debits that will reflect on your account include:.

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accounting
Accounting

Your Account

credits that will reflect on your account include
Credits that will reflect on your account include:
  • Initial Commission
  • Renewals
  • Mentoring Bonuses
  • Commission Splits
  • Miscellaneous Credits
debits that will reflect on your account include
Debits that will reflect on your account include:
  • Uncollected Money Dues
  • Charge Backs
  • Advances
  • Miscellaneous Debits
slide5

Your year end 1099 is calculated on all advances during the calendar year plus any other incentives or convention expenses.

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