In the modern economic situation, commercial organizations are trying to use all opportunities to achieve the maximum volume of sales of products, goods, works, and services. One of these possibilities is the use of intermediaries:
- under commission agreements,
- agency agreements,
- agency agreements.
Despite the fact that these forms of mediation have much in common, there are also differences due to the peculiarities of the current legislation. The accounting procedure for transactions carried out through intermediaries very much depends on the terms of the contracts concluded. At the same time, one of the main points is the condition on the non-participation of an intermediary in settlements with buyers of products, goods, works, and services. However, regardless of the terms of the agreement, for the purposes of both accounting and tax accounting, the intermediary’s income will be only the intermediary fee due to him under the terms of the transaction.
