Differentiate between general commission and del creder commission?
Answers
I think these are the various types of commission given by a consignor to a consignee which he or she deserves as a motivation to continue his or her sales well. but with a general commission, is the total amount of money earned by an employee when he/she sells something on behalf of someone in addition to his/her basic salary and the purpose for for the sale. therefore he/she gets 1% for each sales
On the other hand a Del Creder commission is one which is allowed or given to the consignee when he/she takes the risk of a bad debt arising out of a credit sales and in return for such a commission the consignee therefore safeguards the proceeds of the consignment sold so it therefore seems to look like an additional sales commission which is usually calculated on the total sales.