Re: I have a $55k credit for a weekend that came in through square. I have to pay the organization 40% of my gross, or $22k. How do I manually enter that into quickbooks?
What is the "Organization" and is it in any way part of your business? Or are they just a Vendor you need to write a check to as an expense? And why do they get 40%?, was this some sort of booth or exhibit space? A little more info would help in determining how to best enter the payment.
If they really are just a Vendor, then pay them like any other Vendor with a check (ACH or other). If you don't already have an Expense account that would cover this type of payment, create one or a sub-category of an existing one that makes sense. (e.g. If it was a booth, create something like: Exhibit Space or whatever you want to call it.)
I'd also add a Memo so I didn't have to go back and figure out why it was that amount. Something like: 40% of 12/1-2 Sales ($55,000.)
And the check shows payment..... But I'd sure get a receipt from this "Organization" that shows Payment in Full or an invoice that shows the same $ amount as your check.