Accounting of contracts with a commission agent

Accounting of contracts with a commission agent

The accounting of contracts at the commission agent must be carried out in accordance with the work processes, reflecting the responsibilities of the parties. The commission agent is an intermediary between the principal and the buyer, providing goods and services from the first person to third parties with the subsequent receipt of a percentage rate of remuneration based on the terms of the contract. The contracts indicate the date of preparation, details of the parties, number, list of goods and services, amount of remuneration, total amount of expenses required for return.

With small volumes of work, it is possible to cope independently, without the need to implement specialized developments, but if you want to develop a business, manage several consignment shops and warehouses, with the maintenance of a large information base and document management with the presence of a diverse range of goods, you cannot do without an application. Therefore, a specialized program "Universal Accounting System" comes to the rescue. The software is designed to optimize work processes, automates daily tasks using built-in functionality. The software is an ideal assistant for the head of the organization, as well as employees, while providing the possibility of additional use of business parameters. Given the wide functionality, an affordable pricing policy is noted, which is more economical for the company's budget with a free subscription fee. At the same time, it is also worth noting the possibility of an unlimited user composition, simultaneously carrying out work activities with the transfer of information messages over the internal network.

Agreement between the principal and the commission agent

The contract between the principal and the commission agent is based on mutually beneficial cooperation, providing services and goods to customers on a first-person basis, with the maintenance of accompanying documentation and reporting. The seller can act on behalf of the principal in providing a single or multiple sale of goods and rendering services to customers, making mutual settlements at the end of the calendar month in accordance with the terms and providing reports on the work done. The contract, as a rule, is drawn up in two copies, reflecting the rights and obligations of the parties to perform work and mutual settlements. The contract is signed by both parties, without the need for notarization. Additional acts, invoices will be attached to the contract, which will be recorded in the register with a number and date of creation. In the system, all contracts with commission agents will be displayed in the system, with control of status, validity periods. If the terms of the contract are suitable for completion, the application will notify about this with a pop-up message on the employee's desktop screen, for subsequent adoption of further actions to extend or terminate cooperation.

The software has a wide functionality, which is conveniently and personally configured by users. Initially, employees must undergo primary registration in the system, for subsequent entry into the personal account, their shortcut on the desktop, indicating the login and password for user authorization. After that, it is necessary to configure the control panel with a choice of flexible configuration parameters, used foreign languages for high-quality cooperation with commission agents and clients of the consignment shop. Also, given the fact that employees spend most of their time at the workplace, it is necessary to create a favorable atmosphere for performing work processes, which include setting up a desktop with a choice of one of fifty different design themes. Given the possibility of combining warehouses and consignment shops in a single information chain, it is also assumed that it is possible to synchronize work devices that will be locally linked to the main computer for unified interaction and display at the manager. In this case, users will be able to simultaneously log into the application and interact with transmitted messages and attached files for quick implementation of work tasks.

Agreement with a commission agent

An agreement with a commission agent is beneficial for the principal, given the lack of need for independent sale of goods, hassle with documentation. The commission agent does all the main work, while receiving only a percentage of the reward, while being responsible for the acceptance, safety, sale, reflection of data on the work performed in reports, making settlements between the parties, etc. The software is an indispensable tool in the implementation of the tasks set for the commission store, taking into account the implementation of all processes. In addition to the fact that the software is equipped with wide functionality, integration with additional metering devices and services is also provided.

When accepting goods, the system will automatically record complete information with the formation of a nomenclature displaying information on the principal, list of products, cost, quantity. Information on goods will be automatically entered into the database, subsequently displaying information in the nomenclature with a detailed list and assigned barcodes or articles, quantity, name and description, cost. For error-free trade management, it is also proposed to use pictures attached to product cards. Pictures can be obtained from various files, and also linked from a web camera. The software has a lightweight version of management, available even for beginners. Only three sections for daily work "Modules", "Reference books", "Reports" make daily work easier. To create a common corporate style, it is also supposed to install the company logo on the desktop screen of the device. Computers and smartphones, tablets can be used as a working device.

Accounting for commission agreements with a commission agent

The commission agent keeps records of commission agreements in electronic form, reflecting the actual sales of goods and services of the principal. The commission agreement is the main agreement signed by both parties, under which the commission agent makes transactions (buys or sells goods, provides services) on behalf of the principal. According to the terms of the agreement, the principal is the customer, and the commission agent is the contractor. The contractor receives a percentage of the remuneration from the customer for the sold products and services upon completion of the accompanying documentation. The commission agent has the right to make one or more transactions on behalf of the principal for the provision of services and goods to third parties. The funds received are recorded in the company's accounting as revenue or income. The seller can also make transactions both on his own behalf and on behalf of the customer, in accordance with the commission agreement. Upon receipt of goods at the consignment shop, it is possible to buy out the products by making payments at cost, without charging a percentage for the sale and storage of goods. The purchase can be carried out immediately upon receipt of products from the committee or during work, selectively making a purchase. Thus, the purchased products will be recorded in the consignment shop account.

Agreement between the commission agent and the principal

The agreement between the commission agent and the principal is executed according to the terms and conditions. According to the terms of the agreement, mutual settlements between the parties are made in cash or non-cash form. The contactless payment system assumes the possibility of transferring funds from current accounts by linking a bank card. I also assume the possibility of using payment terminals and QR transfers. In the application, all information on financial movements will be displayed in accounting, accompanied by the formation of documents and reports provided to the head of the commission store and to the tax office. When working with documentation, the simplified system assumes fast and efficient work, since everything is transferred to digital format.

Digital document management also involves the creation of documents and reports, acts and invoices using existing templates. At the same time, simplified entry of registration data suggests the possibility of manual entry of information once, without repeated expenditure of time and effort, excluding the occurrence of errors. At the same time, registering data in documents and reports, it is possible to import information, saving labor resources. Accounting is carried out in a system with constant access to information on financial activities, assuming integration with 1C accounting. Also, based on a transparent business management scheme, constant access to financial analytics, it is possible to receive generated reporting statements for the manager, making and weighing rational decisions on the further activities of the consignment store.

Contract concluded by a commission agent

The contract concluded by the commission agent is a confirmation of the work activity in mediation, using the goods that are being sold for subsequent sale. For high-quality implementation of commission trade, constant video surveillance is offered, recording the saved video records in real time with transmission to the main computer. By means of video surveillance, it is possible to control the high-quality preservation of products, analyze data on work activities, store attendance. The advantage of using the software is also the implementation of personal identification at the entrance to the commission store, reading and saving data by time and date in an electronic journal. For employees, control and reading of personal data is an indispensable tool, accounting of work activities with the subsequent calculation of monthly wages.

The consignment shop employees will receive wages based on the terms of the employment agreement, calculating the salary from the piecework or actual wages. The schedules generated in the system will be provided in electronic form, with changes notified by messages popping up on the monitor screen of the work device. The contextual search engine is an indispensable tool for users. When a request is entered in the electronic window, information on contractors, goods, services, and completed transactions will be displayed on the desktop screen for subsequent analysis, transfer, or printing. Printing of documents, invoices, and consignment notes is performed on any printer, supporting work with various models. It is also envisaged to use Word and Excel formats when creating and receiving materials protected in a large cloud storage. It is also assumed that graphic images will be used.

Commissioner's documents

The commissioner's documents will be securely stored in the cloud space, with a large memory and personal access for users. All employees will be registered under individual credentials, which will indicate the rights and opportunities to work in the system. Thus, when displaying this or that information, the system will read the levels of rights and opportunities for a certain person, either providing or restricting access. In the application, it is possible to analyze data on clients, identifying regular, solvent, problematic, differentiating by category. For regular customers, a bonus loyalty system is provided. Thus, bonus points were awarded, also assessing the cost of goods with a decrease, providing for an increase in interest and an increase in sales volumes.

At the same time, information on customers will be recorded in the CRM database, with the attached bonus and payment card, settlement system, orders, details, reviews, deliveries, etc. The information will be updated regularly, providing employees with up-to-date information. For interaction between the parties, sending messages is provided, as well as receiving calls via IP telephony. Sending messages can be carried out both by employees and in automatic form, setting deadlines in the task scheduler. Messages can be informational in nature, and also used for feedback from customers, receiving ratings and reviews, comments, congratulations and holidays. IP telephony also helps employees receive complete information on the subscriber during an incoming call, preparing for a subsequent conversation and consultation, addressing by name and saving time on processing and accepting applications.

Commission act

The commission act is accompanied by the completed work of the commission shop. The commission act reflects full information on the recording of the results of the commission shop's activities, with all the completed work, analysis and research, acquired skills, experience and knowledge. It is possible to analyze data on domestic and foreign trade based on analytical and statistical reports. Also, to improve trade relations, it also provides for the placement of advertisements on various portals, social networks, and trading platforms. Thus, it is possible to increase sales due to the interest of potential customers with business development and an increase in the customer base with minimal investment in advertising. At the same time, applications for the purchase of commission products will be received not only in offline stores, but also online.

Thus, in cards, electronic applications will be automatically filled with information about buyers, taking into account the quick insertion in the mandatory fields for registration. That is, it is possible to quickly select a product or service from the nomenclature, specify the pick-up or delivery point on interactive maps, automatically calculate the amount with the display of information on the principal from the CRM log. Interactive maps help to quickly display information on delivery addresses, consignment shops, with a travel map. Delivery is carried out with the already included payment or with subsequent calculations. All calculation activities are carried out by an electronic calculator, with certain algorithms of calculation indicators, while using a price list, markdown or markup to the cost. Orders are processed quickly, clearly, recorded in the system taking into account the next sequential execution and fixing until the final result.

Commission agreement between principal and commission agent

The contract of commission between the principal and the commission agent indicates intermediary activity, with the terms and amount of remuneration for the transactions performed by one person from another to provide services and goods to third parties (buyers). The commission agent will be obliged to provide the principal with a report on the work performed within thirty calendar days, calculating the amount of remuneration in accordance with the commission agreement, indicating the percentage rate for the sale of goods and services. The amount of remuneration also includes the storage period of goods in the commission store or in the company's warehouses, transportation, etc. It is worth noting that transactions can be carried out not only for the sale of goods, provision of services, but also for the purchase.

For high-quality performance of intermediary services for the sale of goods, it is also necessary to carry out warehouse accounting, which, when integrated with high-tech equipment, allows for high-quality inventory. Thus, all information about the material value presented in the consignment store and in warehouses will be recorded in the nomenclature, accompanied by reporting documentation. In order to personally test the capabilities provided by the developers of the USU company, follow the link below, install a free demo version. It is envisaged to dial the contact number indicated on the site, send a request to e-mail to contact specialists. Automation, high speed of work with unlimited volumes of incoming information, work with principals and buyers is the key to the success of your business in consignment trade.