How to Record Global Mobility Service Fees
Accounting for fees charged for assisting private clients with residency and citizenship applications.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable | Debit | 15,000.00 | - |
| Mobility Advisory Revenue | Credit | - | 15,000.00 |
💡 Accountant's Note
Records fee income for relocation and visa advisory services provided to ultra-high-net-worth clients.
Practitioner & Systems Framework
💻 ERP Architecture
Post to the 'Other Advisory Services' sub-ledger using a specific service code for mobility.
⚠️ Audit Flags
Significant variances between visa processing timelines and revenue recognition.
📄 Required Documentation
Signed advisory agreement and proof of submission to immigration authorities.
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Expert Analysis by Qusai Ahmad
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