Created with Sketch.Learn about PPP and Loan Forgiveness, stay informed with the latest changes.
Created with Sketch.Questions about how to close your books for 2020? Visit our Year End Resources page.
Created with Sketch.New to QuickBooks or using a new product? Visit our Get Started resource page to help you get going.
Created with Sketch.Need to make changes to your account? Visit the Account Manager Portal.
cancel
Showing results for 
Search instead for 
Did you mean: 
Level 2

How do I set-up and record a Real Estate Agent's commissons received in Quickbooks? This is his only income.

 
Solved
Best answer November 30, 2020

Best Answers
Level 15

How do I set-up and record a Real Estate Agent's commissons received in Quickbooks? This is his only income.

Create a service item that posts to income and use that on an invoice or sales receipt

View solution in original post

2 Comments
Level 15

How do I set-up and record a Real Estate Agent's commissons received in Quickbooks? This is his only income.

Create a service item that posts to income and use that on an invoice or sales receipt

View solution in original post

Moderator

How do I set-up and record a Real Estate Agent's commissons received in Quickbooks? This is his only income.

Hello @m-veitchx2-gmail, welcome to the Community! I'm so glad you were able to find us here so we may assist you.

 

First, you will want to make sure that the Real Estate Agent is set up in your QuickBooks account as either an Employee or as a Contractor.

 

Once they are set up in your account you can add in their commissions based on if they are an Employee or a Contractor/Vendor.

 

If you are categorizing them as an employee this article will be helpful in making sure you have set up everything to pay out the commission: Pay Employees a Commission

 

If they are classified as a Contractor then here is a helpful article that also provides a step-by-step guide to adding a Vendor Bill + a video that I find super helpful: Enter and Pay Bills

 

If you need anything else please feel free to reach back out to us here at the Community.

Need to get in touch?

Contact us