SaaS
Recording App Store Sales (Net of 30% Fee)
How to record revenue from Apple (App Store) or Google Play when they deduct their commission before payout.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank | Asset (+) | 70.00 | - |
| App Store Commission Expense | Expense (+) | 30.00 | - |
| Subscription Revenue | Revenue (+) | - | 100.00 |
💡 Accountant's Note
Even though you only receive $70, you must record the full $100 as revenue and $30 as an expense. Recording only $70 as revenue would be incorrect for tax and growth analysis.
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