Darwin Cloud

Transaction fee due to the company and $0 commission collected

Updated on

Posting transactions where list or sell commission is $0 and has transaction fee due to the company to collect.

There are two options to post this transaction:

  1. Post the transaction without accounting records but the agent is to get award credit from Anywhere Real Estate Inc.
  1. Enter the post date for accounting
  2. Click POST with no commission
  1. Post the transaction recording the deposit for Transaction fee due to the company, adjust the GCI

Adjust the $ commission:

  1. Click the Properties menu
  2. Click the Commission submenu
  3. Adjust the $ GCI to $0.01
  4. Deduct it from the trans fee
  5. Click save

Adjust agent deduction to zero out Net commission:

  1. Click the Agent Net List submenu
  2. Check the box to override the $ amount to $0.01 for one of the the deductions
  3. Click save
  4. Click recalculate
  5. Confirm that the Agent commission now is $0.00

Post the transaction:

NOTE: Posting Validation window will not pop-up anymore since there are adjustments applied in GCI.

  1. Click the Post submenu
  2. Enter the post date for accounting
  3. Choose to Direct Deposit or Write Checks now
  4. Check the box next to Record Payments received ?
  5. Click post
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