Commission Check Fee Deduction Recording in QB Desktop Pro2020

It's my pleasure to guide you to record the commission check fee, @ KFR2016.

In QuickBooks, you set up contractors as vendors. In this case, you can write a check for the commission, then enter those fees in negative. Take note that before recording a check, create first a commission expense account. 

Here's how:

1. Go to the Lists menu, then choose Chart of Accounts.
2. From the Account ▼dropdown, select New.
3. Select Expense for the account type, and then click Continue.
4. Complete the account details.
5. Once done choose Save & Close.

Then create a check:

1. Go to the Banking menu and select Write Checks.
2. Choose the Bank Account where the money will be taken from.
3. Select the Ending Balance.
4. Under Pay to the Order of, choose the Payee Name.
5. Select the Date and the Amount.
6. Fill in the information under the Expenses or Items tab
7. Once done, click Save & Close.

You'll need further assistance on how to handle checks in QuickBooks. I encourage you to visit this link for your reference: Create, modify, and print checks.

Feel at ease to add a comment down below if you have further concerns. I'll keep an eye on your response. Have a pleasant day.

Hi, @KFR2016.

Hope you’re doing great. I wanted to see how everything is going about recording the commission check fee concern you had the other day. Was it resolved? Do you need any additional help or clarification? If you do, just let me know. I’d be happy to help you at any time.

Looking forward to your reply. Have a pleasant day ahead!

Thank you for your response and follow up.  I think I may have worded my question wrong. 

We are collecting a commission check from our broker paid to our business as a non employee 1099. We have an MLS fee and a Broker fee which are our expenses that are deducted from the check prior to the broker paying us for our real estate closing. Those fees are our expense which are paid before we receive our check. How can I record the gross amount for our commission check and then deduct those 2 expenses in my books if we are not physically writing a check for them but having them deducted from our check? 

Thanks for the prompt reply and for the clarification, @KFR2016.

We can record the check you received as a bank deposit and then enter those fees in negative. Let me show you how.

From your QuickBooks Desktop (QBDT) software:

1. Go to the Banking menu.
2. Select Make Deposits.
3. In the Payments to Deposit window, select the payments you want to combine. Then select OK.
4. From the Make Deposits window, select the account you want to put the deposit into from the Deposit To dropdown.
5. Check the deposit total. Make sure the account and selected payments match the deposit slip from your bank. Use your deposit slip as a reference.
6. Enter the date you made the deposit at your bank.
7. Add the negative amount for the fees. 
8. When you're done, select Save & Close.

You can also check this article for more details about the process: Record and make bank deposits in QuickBooks Desktop.

Let me also add this link that you can guide you in matching your real-life bank balance and QuickBooks balance seamlessly: Reconcile an account in QuickBooks Desktop.

Keep me posted if you have other concerns or questions about recording deposits in QuickBooks. I’ll be around to help back you up. Have a good one and stay safe.