Home› Accounting› Accounting Technical Support

sales commissions

johndoejohndoe Member Posts: 2

I searched but didn't find anything. I am about to hire an Outside Sales Rep. in the US. He won't be an employee and I will be paying him 25% of sales. Two questions.

First, how do I enter this as an expense in Wave? What is best accounting practices? What expense does this fall under? etc.

Second, how do I actually pay him? Just send him a check or bank transfer? Is there any legal paperwork here? Is he considered a contractor and a 1099 issued?

BTW, this is the first time I ever hire someone to work for me other than a short, build me a website, type of work. I am a one man show with no knowledge of HR/legal/tax best practices.

in Accounting Technical Support

Comments

  • RadioGuyRadioGuy Member Posts: 1

    Hello. Just curious why this question has yet to be answered. We have salespeople who are paid a commission on their sales. Though the amount is determined by another program, we need to be able to show - in payroll - a line item for their commission payments. Can this be done? If so, how. If not, please tell us ASAP so we can find another solution.

Sign In or Register to comment.