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Former Member
Mar 04, 2010 at 07:50 AM

Brokerage Charges

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Hi Experts,

I know that Securities module can cater for Charges (Brokerage/Comission etc), however, the accounting will hit to the net amount of Purchase/Sale.

I would like to know is there a way to deduct the Charges only to the interest that we gain. For example:

Company A help company B to do investment to the Business Partner. Thus every month company B will receive the Interest gain from the investment made by Company A. However, company A will charge company B for comission . Lets say the gross Interest company B should receive is $1000, however, after deducting the Comission, the net amount is $900. This only affecting the Interest, not the investment figure.

Can Securities cater this scenario? Or we have to perform in GL module?

Pls advise.

Many thanks.