Profit Share - Invoice or Direct Payment?


0
I am trying to understand the usual practices around profit sharing and payments.

I plan to enter into a number of profit share agreements on software income with individuals / companies.

At the end of each reporting period when we calculate the profit, how do they get paid? Should they invoice us so that I have an expenditure on my accounts or, do we just transfer the funds?

If the latter, how is this then reported / evidenced on my business accounts?

Payments Invoice Profit Share

asked Dec 12 '17 at 22:35
Blank
CookingBadger
1 point

Your Answer

  • Bold
  • Italic
  • • Bullets
  • 1. Numbers
  • Quote
Not the answer you're looking for? Ask your own question or browse other questions in these topics:

Payments Invoice Profit Share