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How do I pay commisions against invoices?

11/6/09 2:08 PM
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How do I pay commisions against invoices?

 
 
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All Replies:  Answers (3)   Comments (2)
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Answer

11/6/09 3:57 PM

Enter a bill for the commission & then Pay the bill or just write a check.

Hope this helps. If so please mark solved, if not please ask more questions. Thanks!

Hope this helps. If so please mark solved, if not please ask more questions. Thanks!

Ray White
http://community.intuit.com/me...
http://www.raywhiteenterprises.com
 
 
 
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11/7/09 5:09 AM

If an employee, you calculate the commission, usually by running a sales by rep report or analyzing invoices and calculating the commission, then use a payroll item called commission and add to the paycheck.  Paying the commissions is the easy part.  Calculating and keeping track of what you paid commissions on is the challenging part. 

Hope this helps.  Ask another question if have not hit on what you are looking for yet.  Thank you d9scooter.

Swimelar Willard Accounting
http://web.me.com/swimelar/Swi...
 
 
 
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11/7/09 6:28 AM

Tracking sales and commissions in QuickBooks is not difficult to setup (depending on your particular flow and reporting requirements).

However, you must have a system that captures all of the important pieces.

If you are running payroll through QuickBooks, you need to be sure to use that platform correctly.

If you are paying on certain items. . .and not on others. . .and, if you only pay commission on receipts. . .etc. . .

___all these contribute to how you will set up your procedures.

 

Laura D

When in doubt, make a backup first!!

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Cents-able Bookkeeping, LLC

www.centsablebookkeeping.com


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Comment 

11/7/09 6:43 AM

Hey Laura,

Couldn't help but notice a milestone you reached with this question.

Your 9,000th question answered.  Wow.  Really appreciate all the help.  Have learned a lot from your answers.  Let's see, even if you spend only 2 minutes per answer (I'm sure you spend a lot more than that on average) that would be 300 hours answering questions.  At a value of at least $100/hr, you have provided $30,000 of value in here.  Amazing when you add it all up.

Swimelar Willard Accounting
http://web.me.com/swimelar/Swi...
 
 
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Comment 

11/7/09 7:13 AM

Wow - thanks. . .when you put it that way, even I am impressed!!!

I appreciate your taking the time to notice and comment!!!

Laura D

When in doubt, make a backup first!!

*****

Cents-able Bookkeeping, LLC

www.centsablebookkeeping.com


http://proadvisor.intuit.com/r...
 
 
 
 
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