Receiving payments with commission deducted

Question

I receive payments that already have commission deducted from them.  Can anyone tell me how I record these payments so that the full amount is received and the amount of commission is shown as an expense?

LittleLetty · Answer

No. I don't do invoices. My bank account is linked to Solo and I just receipt the payments. Each payment has commission taken out of it before I receive the payment...

Han-Solo · Answer

Hi @LittleLetty,

Thanks for your question,

Just to make sure we point you in the right direction, can I check a couple of things first?

Has the payment been made, but the invoice in Solo is still showing as open with just the commission amount remaining?

Thanks,
Hannah