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Nov 11, 2008 at 04:35 PM

brokerage with contract

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HELLO EXPERTS,

I have following scenario.

I am working in a hosiery company.what ever contract will made, it should done by one broker, and for that i have to pay some percentage to him.

suppose i want to make a contract with my vendor X and broker Y.

my contract quantity is 600 kg of yarn. price is 120 per kg.brokerage percentage is 1%.

so using that contract when i will make PO, i have to give 72000 rupees to my vendor X and 720 rupees to my broker Y.

so how can resolve this problem.

please help me out.

Thanks And regards.

raghu.