General
Recruitment Agency Success Fee
Recording the fee paid to a headhunter after successfully hiring a new manager.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Recruitment & HR Expense | Expense (+) | 3,000.00 | - |
| Cash / Accounts Payable | Mixed | - | 3,000.00 |
💡 Accountant's Note
Agency fees are operating expenses. They are usually calculated as a percentage (e.g., 15-20%) of the new hire's annual starting salary.
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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.