Hi Does anyone have done accounts for someone running a Murco Petroleum Franchise? I am trying to complete an Account for a client and confused as ,
- He has a Sales Report printed with the details of Zero rated, standard rated, and Fuel Sales with net and VAT figures. In addition he has received a Self Billing Invoice from Murco. I am not sure how to deal with this as the Self Billing Invoice details the VAT on commissions etc and the sales report does not clearly say which sales are invoiced through self billing.
Any help would be much appreciated.
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a self billing invoice is the franchisees sales invoice
the sales report is total garage sales.
as its a franchise the deal wont just be a sales % age deal. the commision will be sales volumne related.
Thank you
Thanks for your help.
I contacted Murco and got it clarified. I wish the paperwork is more clear.