How to Record Accrued Marketplace Commissions
Recognizing commission revenue for completed transactions that have not yet been settled by the payment processor.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accrued Revenue - Unsettled Commissions | Debit | 2,500.00 | - |
| Commission Revenue | Credit | - | 2,500.00 |
💡 Accountant's Note
Ensures revenue is recognized in the period the service (facilitation) was performed, regardless of the cash settlement timing from gateways.
Practitioner & Systems Framework
💻 ERP Architecture
Month-end reversal entry or automated accrual based on transaction timestamps.
⚠️ Audit Flags
Large month-over-month fluctuations in accrued revenue vs. settled cash.
📄 Required Documentation
Gateway 'Pending' transaction reports and reconciliation workpapers.
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Expert Analysis by Qusai Ahmad
General Accountant Supervisor & IFRS Specialist
Specialized in SAP GUI automation and Middle Eastern tax compliance. Building digital tools for the next generation of finance leaders.
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