Commission Receipt Voucher
2025-01-16
Overview
A Commission Receipt Voucher is used when the business receives commission income from partners, agencies, or third parties.
This voucher records the amount received as Income and updates the Commission Income Ledger along with increasing Cash/Bank.
It ensures accurate revenue tracking for marketing partnerships, referral programs, sales collaborations, or service-based commissions.
Scenario
A partner company sends a commission amount after a successful referral or service fulfillment.
Finance enters this payment through Receipt Voucher → Commission to properly recognize the income.
Accounts Impact
| Account | Debit | Credit |
|---|---|---|
| Cash / Bank | ✔ | |
| Commission Income | ✔ |
Steps
1. Open Commission Receipt Voucher
Go to Vouchers → Receipt Voucher → Commission.
- Select income source (partner, agency, third party)
- Enter commission reference number or invoice number
- Choose payment method (bank transfer, cash)
The amount received will immediately reflect in your cash or bank balance.
2. Enter Commission Details
Add commission amount and attach any related documentation if needed.
- Enter commission amount
- Link project or service (optional)
- Attach supporting bills or statements
This creates a clean audit trail for incoming revenue streams.
Practical Examples
1. Example 1 – Commission from Partner Agency
Agency A pays PKR 50,000 commission for a referral.
- Debit → Bank: 50,000
- Credit → Commission Income: 50,000
The income reflects in the revenue ledger immediately.
2. Example 2 – Service-Based Commission
Company receives PKR 20,000 commission for service fees collected on behalf of the business.
- Debit → Cash/Bank: 20,000
- Credit → Commission Income: 20,000
This increases reported income and updates project-wise earnings (if linked).