I am a rental prop manager. I collect rents and pay vendors on behalf of the prop owners. How do I reflect this in QB?

I know a way for you to record your collected rent and expenses so that the transactions can be reflected in your company file, Adrian. Let me walk you through this process. 

To get started, you need to start by creating customer profiles. This will allow you to easily select the desired customer when creating a transaction from the customer dropdown menu. After setting up the customer profiles, you can then proceed to record your transactions by navigating to the +New option.

Here's how:

Step 1: Set up your tenants as customers

1. Go to the Sales menu at the left navigation panel and choose Customers.
2. Click the New Customer option. 
3. Fill out the provided fields, such as the Name and contact information section.
4. Once done, press Save. 

Step 2: Create a profile for your vendor

1. Go to the Expenses menu within your left navigation panel and choose Vendors. 
2. Click the New Vendor option.
3. Fill out the provided fields, such as the Name and contact information section.
4. Once done, press Save. 

Step 3: Record the Sales and Expense transactions

1. Go to the +New option located in the upper left corner. 
2. Choose a transaction that you'd like to create. 
3. Fill in the provided fields, such as the Customer dropdown, and the Product or Service section. 
4. Once done, press the Save or Save dropdown, then choose between Save and New or Save and Close. You can also click the Review and Send. 

Before you record your commission, you need to first add yourself as a new employee in the payroll section. Once you have added yourself, you can utilize the commission pay item to record your commission.

Here's how: 

1. Go to the Payroll menu on your left navigation panel, then choose Employees.
2. Choose the created employee. 
3. From the Pay Types section, click Start or Edit. 
4. In the Pay type dropdown, choose the Commission Only option.
5. Click Save once done. 

Additionally, you can use these resources whenever you want more detailed information about paying yourself a commission and setting up a customer or vendor profile: 

• Add your new employee to QuickBooks Payroll
• Pay your employees a commission

Furthermore, you can also track sales commissions in QuickBooks Online for sales commissions.

We'll be around to help you whenever you have questions about commissions or any QuickBooks-related concerns.