how to handle commission on trade in?

Hi S Vermani,

We love hearing from new members in the QuickBooks Community. QuickBooks Online makes it easy to keep on top of your business and do many things like setting up payroll options and create invoices. I can point you in the right direction.

You've asked how to handle commission on a trade. To add commission as one of your pay types, you can follow the steps in this article: An employee who works on commission.

In the case that you're looking for the entry you'd use to record the entry in your accounts, I suggest you reach out to your accountant. Your accountant will be familiar with the accounts you have set up and advise you with the correct entry. If you don't have an accountant, you can find one through this link: Find an Accountant.

Reach out if you need further assistance. Have a great day!