Insurance Broker: Commission % from Client Payment

Hello there, BelleJK.

There are several ways you can record your clients commission payment. You can either create a journal entry or create an expense. 

First you'll have to create accounts to use in keeping track of the payments. Here's how:

1. Click the Accounting menu and select Chart of Accounts.
2. At the upper-right, click New.
3. Select the Account Type and the Detail Type. You'll see descriptions of the account you selected to get an overview what the account is. 
4. Enter a name of the account and click Save and Close.

Then, you can go to the +New button and click Journal entry or select Expense. I also suggest reaching out to an accountant to help you record these payments that suits your business preference. 

Feel free to use these articles as future reference in handling your chart of accounts:

• Learn about the chart of accounts in QuickBooks
• Learn about account detail types on the chart of accounts

Please update me if you have more questions about recording customer transactions in QBO. I'll be more than happy to help whenever you need me.