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Finance | Project Operations, Human Resources, ...
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Commission based marketplace revenue model in Dynamics 365 FinOps

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Posted on by 2,038
Hi,
 
Is there a possibility to implement Commission based marketplace revenue model in Dynamics 365 FinOps?
 
I'm looking for something like this:
 
1. Book Revenue as Collections Liability and debit cash while selling items. Issue Invoice to Customers on behalf of Client.
2. Book standard (eg 5%) commission as accrued revenue against the collections.
3. Reconcile bank with the revenue (Collections liability) in step1
4. Reverse accrued revenue
5. Book actual commission revenue which can be less or more than 5%
6. Issue Tax Invoice to Client
7. Net off Collected revenue in Step1 and Invoice in Step6. Which is the balance to be paid to client.
8. Pay the net off to client.
9. Reconcile bank.
 
Appreciate any tips. Thanks.

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