Dear Gurus,
Distributors pay in advance (the distributor maintains a security deposit with the seller ) on behalf of the end customer. Subsequently, on due date customer pays to the seller as per agreement between the distributor and customer. The PO is raised by the end customer directly to the seller. The material is shipped to the end customer directly and billed for the sale.
Distributor is responsible for - any default from customer.
The amount paid by customer to seller is credited to the distributor account. Usually, this “credit” is used by the distributor for the next transaction. At the end of the month the distributors account is reconciled.
The distributor either claims his commission for the sale or decides to use it for the next cycle.
1. Sales order and Invoice will be raised, from whom PO is received
2. Transaction shall be recorded in the ledger of the Invoicee.
3. C form shall be collected from, whose name invoice being raised.
Please Could any one guide me, how to map this scenario..
Best Regards,
AL