How do I receipt an invoice that has been paid, with commission taken out by a third party (resulting in a difference between invoice and payment amount)?

Question

We need to invoice a client, however the service provided by us was set up by a third party. They will take out 5% commission from the total invoice. The customer will pay the third party for the total amount of the invoice, then will submit payment to us less their 5% commission.

The payment will obviously not auto match to the invoice, so wondering how best to treat this situation please?

earl_hd · Accepted Answer

Hi Slados,You can allocate the payment received from the client to the invoice. Since the payment will not match the invoice amount exactly, you will need to manually adjust the allocation to reflect the partial payment.I hope this helps!Regards,Earl

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How do I receipt an invoice that has been paid, with commission taken out by a third party (resulting in a difference between invoice and payment amount)?

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