Quicken & Other Budget/Accounting Software/Sales Commission

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Question
Hi,

I want to record a sales commission debit note for a customer.

I allocate this as an other expense. Is this correct?

Answer
I am not clear as to what a Debit note for a customer is.

But, if you have to pay out a sales commission because of
a sale, then you have a liability and an expense.
I would create a chart of account called commission expense and
make it part of the group of accounts (by numbering it in the same
region, or making it a sub account)  where you keep your selling expenses
(advertising, promotion, sales salaries, selling expenses)

Please provide more information if this did not answer the question.

Linda Saltz, CPA
Advanced Certified QuickBooks Advisor
http://www.qbalance.com  

Quicken & Other Budget/Accounting Software

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Linda Saltz, CPA, QBalance.com

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QuickBooks best practices, troubleshooting, accounting, tax We have over 70 pages of website content about QuickBooks tips, running a business, tax and business startup at http://www.qbalance.com

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Accountant and CPA over 20 years. Specializing in accounting software for over 12 years, Certified QuickBooks Pro Advisor, QuickBooks seminar instructor since 1997.
Producer of www.QBalance.com over 100 pages devoted to QuickBooks help and support and training for small business owners in tax and accounting issues.

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