A commission percent is an assumed percentage used to calculate commissions expense as the product of commission percent multiplied by sales, gross margin, or related sales items.

 

Was this article helpful?
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 1.00 out of 5)
Bplans GlossaryBplans Glossary

At Bplans, it's our goal to make it easy for you to start and run your business. The Bplans glossary of common business terms will help you learn about key small business and entrepreneurship topics.