Hospitality
Vendor Commission (Kickback Income)
Recording a commission received from a florist or photographer for recommending them to a wedding couple.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Receivable | Asset (+) | 100.00 | - |
| Miscellaneous Income: Vendor Commissions | Revenue (+) | - | 100.00 |
💡 Accountant's Note
This is common in the events industry. The hotel earns a 'referral fee' which is recorded as non-operating miscellaneous income.
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