3rd Party Pay Aways - Commissions Passed On
Please remember to use the headings provided when recording commission pay aways to 3rd party introducers. The headings provided are as follows;
Only use these to record payments to 3rd parties, do not use these headings for payments to staff.
Only use these headings if the revenue that is being paid away was earned as commission. Do not use these headings if the revenue was earned as a fee.
The transaction totals for these headings are used to calculate the Gross to Net figures in Section B of the IFA Report.
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