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April 12, 2024
Question

The commissions & fees expense category is not available in QBO to set up in the GL. It is the category for schedule c line 10, but not an option to create. Help!

  • April 12, 2024
  • 1 reply
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The expense detail/types go from Charitable Contributions to Communication to Cost of Labor but no "Commissions"

1 reply

April 12, 2024

Thanks for letting us know, LindsayT. I can provide input when managing account categories to record expenses on Schedule Cs. 

 

With QuickBooks, setting up commissions and fees expense categories under the detail type section is currently unavailable. You may want to consider utilizing a related category to help record these transactions in your account. Thus, it's best to reach out to your accounting professional to ensure that these entries are accurately managed and tracked under a specific category. They have the equipped knowledge to guide you, so your books stay accurate.

 

Once everything looks good, you can start reviewing and reconciling your accounts to make sure they always match your bank and credit card statements.

 

I'll be around on this thread if there's anything else you need further assistance with when managing financial accounts in your file. Feel free to reply to this post. Keep safe and have a great day ahead!