What Are Daily Commissions?

I don't understand how this is an "accounting nightmare"

I have a few annuity carriers that pay daily, and it hasn't been a problem.

My books are done every two weeks so everything just rolls together.

Well, instead of having to look at up to 20 different debits every month, I only have to look for 4. If I get a chargeback, I don't have to worry getting charged back on up to 20 different days each month.

It just seems to make more sense to me. Especially when you consider calculating advances, deferred compensation, and taxes.
 
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