Credit note

[Tan Chun Huat]

Hi,

I have an e-commerce platform whereby seller and buyer transact on the platform.

We will take a percentage of the sales and record it as our sales commission.

I would like to pay the sellers for the sales they are entitled to after deducting the commission. But I do not know how to issue a document for the sales entitled to the seller. Do I issue a credit note? If So, what sort of entry should I pass?

Thanks.

CH