As a clearing agent if you invoice your client for the bill of entry vat and custom duties - Is that income received reflected as part of your revenue on the Income Statement .In essence you invoice the customer to receive the funds to pay over to SARS so it is not sales revenue for the company.Is this a balance sheet line item where you reflect the income received and the amount paid over to SARS.Kindly advise if this income received will be included in my revenue on the IS and the payment to SARS as a COS. My concern is that this will increase my revenue on IS and this will be misleading to my Sales figures for the company.Can someone help clarify?