Kimpton

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Username Kimpton
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25

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  • SpokaneFiberClean

    I saw your response in Dec regarding ways to pay commission to employees as a vendor. Can you help me understand more about that? I have my husband set up to take 50% commission as his paycheck.

    Thanks,

    Charmaine

    January 16, 2019
    • Kimpton
      Kimpton
      Good morning Charmaine,
      My thinking is that you book the sale as 1 transaction - that's revenue.
      Then you pay the commish as another transaction - to a Vendor as a COG expense

      This might have no bearing on your case, depending on how you've set up your accounts or payroll, or what exactly you're selling.
      I'm not exactly sure what is the problem you're wanting to solve.
      If you wish, you can contact me at [email protected] and we can layout the facts to see what makes sense.
      Kimpton
  • Kimpton earned the Wave Pro badge.
    You're a Wave Pro accountant or bookkeeper. Thanks for sharing your expertise!
    January 2, 2019
    • Kimpton
      Kimpton
      Thanks guys!
      gee that's great!
  • Kimpton earned the Second Anniversary badge.
    Thanks for sticking with us for 2 years.
    January 2, 2019