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How to Book Commission Check in QuickBooks Payroll?

In several businesses, the employees get a commission on sales that they have generated via a payroll period. In case […]


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In several businesses, the employees get a commission on sales that they have generated via a payroll period. In case your business uses QuickBooks to handle its finances and payroll, you can also add employee commission checks for tracking and payroll purposes. Once a commission check is booked for an employee in the software, it is added automatically to the next pay period of the employee as earnings.

Hence, it is imperative to book a commission check in QuickBooks Payroll. But before you learn to do that, you must know what a commission is in the literal sense.

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What is a Commission?

In the general sense, a commission is a fee that is usually paid by a business to a salesperson for the services he or she has offered in either simplifying, finishing, or supervising a sale. The commission may depend on a flat fee arrangement or in some cases it is the percentage of the revenue that is generated.

Other types of commission structures depend on the net income or the gross margin issues by a sale. Since they are more complicated to use, these structures are not used so often. Usually, a commission is earned by an outside entity or an employee.

How to Book a Particular Commission Check in your QuickBooks Payroll?

Here is how you book a commission check in QuickBooks Payroll:

Enable Commission

Step 1: Launch QuickBooks and then press Lists from the given menu bar.

Step 2: Choose the Payroll Item list from the given drop-down menu and then press Payroll Item.

Step 3: Press New and then choose Custom Setup.

Step 4: Now, press Next and then press the Type option from the given drop-down list and choose Commission.

Step 5: Enter Commission in the Item Name box and then choose the expense account that you have utilized in order to pay the payroll of the company. Press OK.

Book Commission

Step 1: Press Lists from the given menu bar and then choose Employees from the provided drop-down menu.

Step 2: Go down in the employee list and press double-click on the particular name of the employee who is getting the commission check.

Step 3: Press the Change Tabs in the drop-down box and then choose Payroll and Compensation Info in the given list.

Step 4: Press on an empty space in the box that is available in Item Name in the Earnings section of the screen and choose Commission from the given drop-down list.

Step 5: Add the amount of the commission in the box named Hourly/Annual Rate and then press OK. The employee is booked for a particular commission check in the coming payroll period.

Note: In order to ensure that the steps are incorporated in the right manner, it is imperative to learn about setting up Payroll in QuickBooks.

Here is how you set up Payroll in QuickBooks:

Step 1: Press Employees.

Step 2: Press Setup Payroll.

Step 3: Press Turn on Payroll Now.

Step 4: Press Get Started with Payroll.

Step 5: Add all the information concerning your business and company contact details too.

Step 6: Press Continue.

Step 7: QuickBooks would want to know if you have paid employees via QuickBooks Online Payroll. In case you have, then you need to choose the option, Yes, I already paid.

Step 8: In case you are utilizing QuickBooks from the scratch, you will choose, No I am a new employer.

Step 9: QuickBooks will now enquire if you have completed TD1 forms. Press Yes if you have completed the TD1 forms.

Step 10: Now you need to add the First and Last name of the employee.

Step 11: Provide the Provincial Tax amount.

Step 12: Click Done.

Hope that this article has cleared all your doubts concerning how to book commission checks in QuickBooks Payroll.

The steps mentioned above have all the important information you need to solve this issue. Still, if at some point you fail to book a commission check in QuickBooks Payroll or get stuck in any of the steps mentioned above, you can get in touch with our Dancing Numbers experts.

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How do You View Reports that Display Commission Items?

Here are the steps to view reports displaying commission items:

Step 1: From the given menu on top, press Reports. Now click Custom Transaction Detail Report.

Step 2: Press on Customize Report in the upper corner on the left side.

Step 3: On the given Display tab, see the Name and Source Name.

Step 4: On the given Filter tab, in the select filter, fix the Transaction Type to Paychecks.

Step 5: Fix the payroll item to the particular Commission Item used on paychecks.

Step 6: Press OK.

What is the Purpose of a Commission Tracker?

A commission tracker is a kind of tool that is used to monitor sales commission amounts. With a commission tracker, it is possible to stay updated with the commission that is being earned by a particular sales representative. Be it a spreadsheet or via the use of a commission monitoring software.

The most known way of monitoring commission is using spreadsheets like Google Sheets or Excel Sheets. Even though Excel offers flexibility while monitoring commission, the process can be monotonous, and time-consuming, and allows room for different errors.

Only with commission tracking software can you use spreadsheets to their maximum potential.

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Frequently Asked Questions

 
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You need to click "Start" to Export data From QuickBooks Desktop using Dancing Numbers, and In the export process, you need to select the type you want to export, like lists, transactions, etc. After that, apply the filters, select the fields, and then do the export.

You can export a Chart of Accounts, Customers, Items, and all the available transactions from QuickBooks Desktop.


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To use the service, you have to open both the software QuickBooks and Dancing Numbers on your system. To import the data, you have to update the Dancing Numbers file and then map the fields and import it.


How can I Delete in Dancing Numbers?

In the Delete process, select the file, lists, or transactions you want to delete, then apply the filters on the file and then click on the Delete option.


How can I import Credit Card charges into QuickBooks Desktop?

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What are some of the features of Dancing Numbers to be used for QuickBooks Desktop?

Dancing Numbers is SaaS-based software that is easy to integrate with any QuickBooks account. With the help of this software, you can import, export, as well as erase lists and transactions from the Company files. Also, you can simplify and automate the process using Dancing Numbers which will help in saving time and increasing efficiency and productivity. Just fill in the data in the relevant fields and apply the appropriate features and it’s done.

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Why should do you change the Employee status instead of deleting them on QuickBooks?

If you are unable to see the option to terminate an employee on your list of active employees on the company payroll, this mostly implies that they have some history. Thus, if you change the employee status instead of deleting it on QuickBooks, the profile and pay records remain in your accounting database without any data loss in your tax payments.


Is it possible to use the Direct Connect option to sync bank transactions and other such details between Bank of America and QuickBooks?

Yes, absolutely. You can use the Direct Connect Option by enrolling for the Direct Connect service which will allow you access to the small business online banking option at bankofamerica.com. This feature allows you to share bills, payments, information, and much more.


Why should do you change the Employee status instead of deleting them on QuickBooks?

If you are unable to see the option to terminate an employee on your list of active employees on the company payroll, this mostly implies that they have some history. Thus, if you change the employee status instead of deleting it on QuickBooks, the profile and pay records remain in your accounting database without any data loss in your tax payments.


What are the various kinds of accounts you could access in QuickBooks?

QuickBooks allows you to access almost all types of accounts, including but not limited to savings account, checking account, credit card accounts, and money market accounts.

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