Tagged Questions
1
vote
2answers
87 views
Who should process payments?
Suppose:
Company A owns product P
P is managed by company B
The sales contract is between A and customers
A has a contract with B such that B receives all income generated by P
Could B directly ...
3
votes
4answers
1k views
How do Royalty payments work?
I have been asked by another company to build them some software to operate some machinery.
The company sells this machinery to their own customers and wants to provide the software I write along ...
1
vote
2answers
294 views
Bookkeeping practices for a website using electronic payments (e.g. Paypal)
I am in the process of setting up an accounting "system" (well set of procedures etc). For most businesses, the books of original entry include:
Sales Day Book
Sales Return Day Book
As I ...
3
votes
6answers
317 views
How do you choose the base currency for online and mostly international sales?
We are about to launch a website offering products. My "gut" feeling is that a good proportion of our customers will be based in the US. We are currently based in the UK, though that is likely to ...
2
votes
2answers
128 views
Sending money to users
I'm considering building a system that allows our users to purchase points, trade them between themselves, then cash them in for real currency.
The system will work like this:
User A buys points - ...
