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Reporting Sales Commissions in P&L
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I'm working for a US company which files European accounts under US GAAP.
The company sells through distributors with some orders having a discount and other sold at list with a commission paid. Does anyone know is external commissions are a sales reduction or charged as selling expense.
Thanks in advance.
The company sells through distributors with some orders having a discount and other sold at list with a commission paid. Does anyone know is external commissions are a sales reduction or charged as selling expense.
Thanks in advance.
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