New York | Miami | Los Angeles
www.dtdusa.com | firstname.lastname@example.org
Purpose: Keep track, and keep current, a daily receivables journal for all work performed by a DTD Division where compensation will be required by another DTD Division for services performed.
Intended for: Employees and operations managers in Import, Export, Domestic, Dispatch and Accounting departments
How to details:
When a shipment arrives into a DTD Division from another DTD Division a record must be kept of all services performed, time allotted, materials used and labor assigned. Network pricing is in place for this compensation and it is reflective of suggested national retail * pricing at a (35%) discount. The division providing the services enters, within the notes of the transaction listing of the charges, the services performed, time allotted, materials used and labor assigned. Central accounting will produce, at month's end, a recap of the work performed and revenue allocated. A contra settlement system will be used to credit funds, as needed, between the divisions through a bilateral issuance of invoices and credit memos.
Notes: A discount is obviously provided to produce margins for the division that generated the business as well as to encourage sales within the network, those producing the sales activity are rewarded the most
Date Drafted: 1/5/2023
Author: Mark Boyea