Sale Ledger Entries

The following table describes the ledger entries for sold portfolios.

Ledger Type	Description	Credit	Debit
Sales	Created and updated when you add accounts to a sold portfolio. Calculation is the sales rate times the total dollar amount (balance) of the accounts included in the sold portfolio.	Investor	Buyer
Sales Commission	Created when you specify a sales commission in the contract terms of a sold portfolio. Calculation is the sales commission times the total dollar amount (balance) of the accounts included from the purchased portfolio.	Investor	Buyer