Logistics
Freight Forwarding Commission
Recording the fee earned for arranging transportation without touching the goods.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable | Asset (+) | 200.00 | - |
| Commission Revenue (Forwarding) | Revenue (+) | - | 200.00 |
💡 Accountant's Note
For agents who act as intermediaries, only the fee is revenue (Net Basis), not the total freight cost.
Professional Excel Template
Get the automated version of this entry. Includes built-in IFRS checks, VAT calculators, and SAP-ready upload formats.
QA
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.