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M
maureenorman
April 3, 2024
Question

How do I record payments made to an event space for ticket revenues that they collect and then pay out to the organizer?

  • April 3, 2024
  • 1 reply
  • 0 views
When an organizer books the space, the event venue runs the ticketing and then pays out the proceeds less expenses to the organizer. How do I record these ticket revenues and the payments that get reimbursed to the customer?

1 reply

T
Trish_T
April 3, 2024

Hi maureenorman,

 

Thanks for reaching out to us here.  It's great that you're using QuickBooks Online to help manage your events.  I would be happy to point you in the right direction, so you can record your transactions with confidence! 

 

When it comes to knowing the best method for recording your transactions, it's ideal to touch base with an accountant.  If you're not already connected with an accountant, I recommend taking a look at our directory of QuickBooks ProAdvisors here.  Enter your city or postal code, click Find a ProAdvisor, then choose the necessary filters.

 

Feel free to reach out with any other questions.  We would be glad to help!

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