I have a mobile tractor repair business. I am too busy right now and cant take on any more work. I have a friend that also has a mobile tractor repair business and has offered to take on a few of my open jobs that i can't get to. He wants to bill me, and then I bill the customer. He will have labor involved and most likely he will charge me for any parts he had to purchase to fix the tractor. How to i categorize the invoice he sends me (the expense)? I have read this would be considered sublet repair? Is he Sublet Services Cost - COS? Or is there a different way if hes set up as a contarctor? Do i set him up as a contractor? Also how do i categorize the invoice i send the customer? Do i charge the customer labor hours and parts like i normally do? What is the proper way to categorize this whole scenario in QBO? Thank you in advance. If you need anymore information feel free to ask.
Solved! Go to Solution.