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Allow me to share some insights with you about the Chart of Accounts (COA) used in recording commission payments and split. In QuickBooks Online (QBO), you'll have to set up the correct Company type based on the area of your business. After that, QBO will provide the details in your COA that applies to your business type.
Here's how to check if the type is correct:
Once, done, you can now create an account in COA. I'll guide you how:
For more customization of the account, I recommend consulting an accountant. If you don't have, you can use this link to find one: https://quickbooks.intuit.com/find-an-accountant/.
To learn more about making a new account in QuickBooks, feel free to review this article: Create Accounts in your Chart of Accounts.
In case you'll want to track a sales commission, I suggest browsing this article to find ways on how to record them in QuickBooks: Track Sales Commissions.
Get in touch with us if you have additional questions. This way, we'll be able to answer everything for you.