Best way to set up sales bonus payments in installments.
Is there a quick way to set up payments in installments and what kind of report can be created to work from?
Is there a quick way to set up payments in installments and what kind of report can be created to work from?
Hello there, @SamQree.
I'll help you setup sales bonus payments in installments using QuickBooks Online.
If you want to set up sales bonus for an employee, you can add a payroll item for the bonus and add it as a payroll item as an additional pay type.
Here's how to set up an item:
Note: If you have Workers' Compensation and you want to exclude bonus from the calculation. You’ll need to create the bonus payroll item as an Addition with a tax tracking type of Compensation.
Then, add the item to the employee's profile:
if this is for a vendor, you can add an expense account and add it an as an item for that vendor. Refer to this article for the detailed steps: Add, edit, and delete items in QuickBooks Desktop.
For future reference, you can read this article to guide you in running reports in QuickBooks Online:
Don't hesitate to click the Reply button below if you have questions about setting up sales bonus payment in QuickBooks Online. I'm always here to help. Have a great day.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.