Skip to main content
K
khr
October 31, 2018
Solved

Commission Advances

  • October 31, 2018
  • 1 reply
  • 0 views

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?


Best answer by Malcolm Ziman

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

1 reply

M
Malcolm ZimanAnswer
October 31, 2018

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

K
khrAuthor
October 31, 2018

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

M
Malcolm Ziman
October 31, 2018

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

Terms & ConditionsAccessibility statement