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How manager commission is calculated?

Answer» Manager\'s commision is charged after doing all the adjustments. For calculating manager\'s commission firstly find out rough NP and secondly, 1. if it is \'before charging\' then the formula is, Rough NP × rate/100Eg. If manager\'s commissin is 5% on NP before charging his commission and rough NP is 10000 then Manager\'s Commission =10000 × 5/100 = 5002. If it is \'after charging\' then the formula is, Rough NP × rate/100+rateEg. If manager\'s commission is 10% on NP after charging such commission and rough NP 22000 the Manager\'s Commission =22000 × 10/110 = 2000 And it\'s adjustment is, 1. Dr side of P/L A/c 2. Liabilities side of Bal. Sheet


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