Recording independent contractor services

Hi,

We have a very small web services company that has just hired an independent contractor to sell our services. We are responsible for calculating his commissions based on a percentage of sales.

The question is how should that be set up and recorded in QuickBooks?

We currently have QuickBooks basic 2003. I don't see anything in here that would do what I want to do. Do we need to upgrade to QuickBooks Pro? If so, what kind of support is available there.

Thanks

Reply to
Paul Brown
Loading thread data ...

Go to Invoices > Customize. Click on Edit (if you are using a Custom Invoice provided by QuickBooks then click on 'New'). In the 'Fields' page check on the 'screen' box corresponding to 'REP'. Now when creating the Invoice in the 'Rep' field check on Add New and create the Contractor as a Vendor. Now you can run a Sales report based on 'Sales by Rep Detail' and get the Sales made by the contractor during any given period. Now you will have to manually calculate the commission payable on Sales made.

Mike Block - QuickBooks Tax Cut C.P.A. Intuit paid me to make QuickBooks better!

formatting link
formatting link

Reply to
Mike Block-Tax Cut CPA

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.