Basically right there in the title. I have a company that pays dues to professional organizations and I need to know what commodity that would fall under.
What commodity would dues to professional organizations fall under?
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Hi! For payments to a professional organization, we would recommend using Industry 523 - Business and professional associations instead of the Commodity 3523. This payment would act as revenue for the business itself, and can be modeled as an Industry Output Event.
You can read more on the article Industry vs Commodity Output
We hope this helps!
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