Setup for a mortgage broker
Hi I am a mortgage broker. All my income come as commission twice a month and I get the commision report and remittance invoice. and the subscription fee taken from the account monthly and invoice is...
Forum Discussion
Hey Garret,
Managing your commission income and subscription fees can feel a bit tricky at first, but here’s a simple way to handle it:
- Create an invoice for each commission you receive.
- Pop in a bill for your monthly subscription invoice to keep your expenses tidy.
Linking your bank account is great for tracking your transactions, but uploading your commission reports and invoices gives you a more complete record. When it comes to which account to use, it’s always smartest to run that by your accountant so everything lines up just right for your business.
Cheers,
Doreen
