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May 1, 2023
Question

How do i record commissions that I receive? I have an incorporated company and receive commissions from various clients.

  • May 1, 2023
  • 1 reply
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How do i record commissions that I receive?

I have an incorporated company and receive commissions as a mortgage broker from various clients.

Any help would be greatly appreciated.

 

Thank You

MM

1 reply

May 2, 2023

Hey there MRM71,

 

Welcome to the QuickBooks Community! Thanks for reaching out to us here. Recording your transactions correctly in QuickBooks Online is important. This ensure accuracy in your books. I would be happy to point you in the right direction.

 

Based on what you've described, I recommend reaching out to an accounting professional for expert advice on creating these types of transactions. They'll be able to guide you in choosing the correct transaction type as well as which accounts to affect so that your accounts can end up with the right balance. You can add your accountant to your books by going to the My Accountant tab of your QuickBooks account. You can also find an accountant that has experience using QuickBooks near you by clicking on the Find a pro to help option in that section.
 

f you have any other questions, feel free to reach out here.