HOW TO ENTER AN INVOICE TO AN AGENT

Hello there, @AREALTOR.

I'm here to guide you on how to completely create an invoice for your agent. 

Follow these steps below after you enter the name and the due date:

1. You'll need to select a product or service that best describes the transaction. You can also select +Add new to create a new product or service right from the invoice.
2. Enter a quantity, rate, and change amount if needed. 
3. Select the Tax checkbox if you need to charge sales tax, then select Save and send. 

Should you need to know the type of this transaction, I'd recommend you consult your accountant for proper recording of books. 

For future reference, here's an article to help you record invoice payments manually in QuickBooks Online.

Feel free to post again if you have additional questions. Take care!

I work for a real estate brokerage firm and have a related question.  My agents are setup as contractors so they can receive 1099's at year end.  But how do I create an invoice to them for their misc. fees (marketing, insurance,etc).  Do I have to set them up as customers too?

Hi @lee759,

Welcome to the Community. I'm here to help you track the fees in QuickBooks Online.

You can set up agents as Customers and Vendors to handle the Misc fees. Check out the suggestion of CRizBroker352 on how to create the invoice through this link: https://quickbooks.intuit.com/learn-support/en-us/do-more-with-quickbooks/real-estate-agent-commissi....

In case you need the steps on how to create an invoice, here's how:

1. Click the + New option in the upper-left corner.
2. Select Invoice under Customers. 
3. Add the vendor as a customer.
4. Enter the necessary information.
5. Hit Save and Close.

Also, there are several ways to track the fees from marketing, insurance, etc. It'll depend on how you want them to reflect in the system.

Some users track them using a journal entry, and others write a check that contains a negative amount (commission expense account).

It would be best to consult an accountant to ensure your books are accurate and error-free. They can advise which accounts to use when creating journal entries and entering fees into the system.

I've attached a link you can use to personalize invoices, like how to change the display on the header, table, and footer: Customize invoices, estimates, and sales receipts in QuickBooks Online.

Feel free to hit that Reply button if you need more assistance tracking the fees in QuickBooks. Have a great day ahead.