There are several ways on how and where you can record employee commissions in QuickBooks Online (QBO), dwdesignpteltd. I’m here to discuss them with you.
In QBO, you can record employee commissions by creating an expense. Check out the following steps below to do it:
- Select the + New button.
- Under Suppliers, choose Expense.
- Fill in the necessary details, such as the vendor (employee), the date, and the amount of the commission.
- Make sure to select the appropriate expense account. If you don't have one set up, you can make a new one by clicking the + Add new option under the Category field.
- Add any information or attachments as needed.
- Click Save and close afterward.
On the other hand, if you’re referring to employees’ sales commission, please know that QuickBooks doesn’t have a native calculation feature at this moment. You can only use the Invoice and Class/Location tracking features to record them. See the following resources for complete details:
I also recommend consulting with your accountant to ensure that you're using the correct accounts and accurately tracking your commissions.
The program offers a way to generate comprehensive statements to check all recorded transactions. You can run specific reports after to ensure entries with commissions are properly managed.
Don’t hesitate to reach back out anytime if you have other questions or concerns related to your employees. I’ll be here to find solutions for you.
