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Financial Analysis of Salesperson Advanced Commission Reserve Report

I am a business litigation attorney and I have a client who sells auto warranties. He gets paid an “advanced” commission when the sale closes. But the finance company holds back a portion of the commission as a “reserve” in the event that the customer cancels the contract early and the commission is not fully “earned.” The finance company has submitted a “Reserve Report” claiming he owes them money. I need to find someone who can help me understand this report, how the reserves were calculated and find any holes in it.

Attached are a pdf of the reserve report (I will upload an excel version later) and redacted excerpts of the Seller Agreement that explains (very poorly) the agreement. I have added an excel report detailing the cancellations which is apparently how they are calculating the alleged "refund."

Skills: Audit, Financial Analysis

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( 4 reviews ) Irvine, United States

Project ID: #18956309

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Anjulagrawal26

Hello, I am a Chartered Accountant( Equivalent of CPA and ACCA) and Diploma in IFRS (ACCA UK) with 10 years of experience in organisations like Essity (SCA), Serco Middle East, Deloitte and KPMG I am an expert in More

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dgled

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Ashisjena2015

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edgardiaz70

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herryhs

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nadiadelange

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aslamkurbanali7

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shilpa1992

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savitachopra1

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