Thanks Michael....
....your interpretation is much-aligned with mine but yes, I will get professional clarification on this.
Thanks again!
Adam
> Adam:
> Speak to your accountant about it.
> He (she) might not understand
> "affiliate" as it relates to
> online. So you will have to explain it to
> him in offline terms.
> Such as... a salesman who takes the order
> and money, removes their cut and then passes
> the rest on to you.
> MY take on it... not being an accountant...
> is that you cannot claim an expense you
> didn't incur. And this fits that...
> clickbank takes the money on your behalf,
> removes their part and then sends you the
> remaining amount.
> With handling your own affiliate payments...
> it does become an expense because you get
> all the money and then spend some of it.
> Just like processing a credit card with your
> merchant account - you get the money and
> then later the credit card fee is taken out
> of your account.
> Remember... I am NOT an accountant and this
> is NOT accounting advice. For proper
> accountig advice see an account - and for
> legal advice see a lawyer.
> Michael Ross
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