When it comes to expensing commissions, in some cases, organizations are required to amortize their payments. In doing this, you must be compliant with ASC 606 or IFRS15. To make sure your sales commission expensing meets these requirements, download our free amortization of sales template.
This template:
- Uses a simple spreadsheet formula
- Abides to ASC 606 (Subtopic 340-40) / IFRS15 requirements
- Is easily editable for your data
If you want to learn more about the amortization of sales commissions, you can read our blog post: Amortization of Deferred Sales Commissions.
Liked our template?
EqualTo takes the pain out of your commission process with our automated, no-code platform and provides the ASC 606 / IFRS 15 formula you need to achieve compliance.
