I'm committed to mastering Quickbooks properly. In the past I would enter sales commissions in the check register. I've read and watched tutorials on how to do this well using accounting principles and as Quickbooks intended it. The company preferences are set to deposit to undeposited funds by default. Following the Home page map I: 1) Create the invoice, 2) Receive the Payment, 3) Make Deposits. Throughout this process I see no place to categorize the income as Commission Income. the deposit in my check register indicates that the income is from the account "Undeposited Funds." I try to edit the "From Account" and get the following pop-up "You cannot edit payment information in a deposit transaction. 1) Delete the payment from the deposit. 2) Go to the original payment transaction to edit it. 3) Redeposit the payment." I've always assumed that it was important to delineate the type of income I'm receiving for reports, is that true? Or do I just indicate in the memo field that this is a commission received?
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