Question

explain commission and discount . give four difference between them.​

Answer 1

Commission is when you invoice an agent “gross” and the agent pays you the “gross” value. the Commission is then reserved for payment at a later date. Discount is when you invoice an agent “net” of his discount and he pays you the “net value keeping the “discount” for themselves.

Answer 2

Answer:

Commission is when you invoice an agent “gross” and the agent pays you the “gross” value. the Commission is then reserved for payment at a later date. Discount is when you invoice an agent “net” of his discount and he pays you the “net value keeping the “discount” for themselves.