This article highlights commission payouts via Accounts Payable/Bills
To configure navigate to Setup > Company Profile > Accounting
On City, State & Other Accounts panel, ensure there is a check to the right of Enable Accounts Payable and the appropriate general ledger account for Accounts Payable is configured:
Transactions are entered and processed as normal: the Review Closing report will show additional information using the Accounts Payable general ledger:
Once processed to QuickBooks©, the normal checks/cheques, deposits, and journal entries will integrate as expected
Agent commissions will integrate as a Bill
Continue to pay Bills from the correct bank account as configured:
Please note the following if opting to enable this functionality:
System will not automatically deduct Agent invoiced balances via the transactions closing.
Bill Number will not auto-populate with the Transaction number or Address (Memo field will update).
When reversing transactions where a bill has been paid: this requires a manual void of the Bill payment in QuickBooks©.
Tax (HST/GST) scheduled to be enhanced in a future release.