Wireless subscriber billing and distribution

A method of processing multi-party billing events in a wireless subscriber billing system, the method comprising generating a billing event including a provider fee and payee, and at least one source fee and payee associated with a transaction; processing the transaction to distribute payment to the provider payee and the at least one source payee; storing transaction data; accessing the stored transaction data; generating an adjustment transaction that contains a negative provider fee and at least one negative source fee based on the stored transaction data; and processing the adjustment transaction to debit the provider payee and the at least one source payee based on the negative provider fee and the at least one negative source fee as well as a corresponding apparatus.