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Does BrokerTrak Accrue and reconcile commissions?

April 26, 2017accrue brokertrak commissions reconcile

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Does BrokerTrak Accrue and reconcile commissions?

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Daily, monthly, and quarterly commission accounting is built in to BrokerTrak and directly linked to customer trading activity. Each representative’s pattern of commission percentages is modifiable by a system administrator or sales manager to reflect net compensation. For those representatives trading in multi-currency transactions commission reporting includes native as well as reported currency. Commissions generated by most active customers are also tracked.