DBD: Commission Chargeback Entry

DBD: Commission - Chargeback Entry

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Navigation: Accounts Receivable > Reports > Commission > Chargeback Entry

Step-by-Step Instructions

Once you open the Chargeback Entry screen, fill out the following fields to complete the entry:

1. Fiscal Year & Accounting Period: Enter the year and period to which the chargeback should be applied.
2. Salesperson: Select or enter the code for the salesperson receiving the chargeback.
3. Chargeback Number: Enter the unique chargeback number. If this entry is not already on file, you will receive a prompt to add it.
4. Chargeback Date: Enter the date of the transaction.
5. Description: Provide a reason or description for the chargeback.
6. Commission Code: Enter the applicable commission code for the transaction.
7. G/P Adjustment: Enter the gross profit adjustment.

• Note: Use a negative value if you need to reduce the gross profit.

Commission Adjustment: Enter a specific commission adjustment amount, if needed. Commission Chargeback Entry - ARGMKA

Important Considerations

Frequently Asked Questions

Q: What is the Commission Chargeback Entry program used for?

A: It's used to enter chargebacks for your salespersons. These chargebacks automatically flow through and are reported on your Commission Payable report.

Q: How do I reduce the gross profit on a chargeback?

A: Enter a negative value in the G/P Adjustment field.

Q: Does a chargeback entry automatically post to the General Ledger?

A: No — this is a memo entry only, intended for reporting purposes. It appears at the bottom of the Salesman's Commission Payable report but does not automatically post to your financials. You must make a manual entry to the General Ledger if you need to adjust your Commissions Payable account.

Q: What happens if I enter a Chargeback Number that isn't on file yet?

A: You'll receive a prompt to add it.

Tags: commissions, chargeback-entry, commission-payable, salesperson, gl-adjustment, DB-distributor