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khr
Oct 31, 2018 4:09 PM UTC
Solved

Commission Advances

Employer would like to pay a commission advancement to a contractor and would like it tracked so that when the contractor does earn commission the advanced amount can be deducted.  We do not subscribe to QuickBooks Payroll.  Can this be accomplished in QBO Plus and how?


Malcolm ZimanAnswer
Oct 31, 2018 4:23 PM UTC

Code the payment to Accounts Payable. That creates an open credit on the vendor/contractor's account, to be used later when commission is earned and you create the Bill

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3 replies

Malcolm ZimanAnswer
Oct 31, 2018 4:23 PM UTC

Code the payment to Accounts Payable. That creates an open credit on the vendor/contractor's account, to be used later when commission is earned and you create the Bill

khrAuthor
Oct 31, 2018 5:35 PM UTC

Thank your for your help.  I am a novice.  What form do I use to "code the payment to Accounts Payable"?

Malcolm Ziman
Oct 31, 2018 7:36 PM UTC

Either an Expense or Check. Or post directly from the bank feed

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