QB Issue Resolution:

You are describing Barter = instead of you getting the gross and paying the commission, they kept the commission as a holdback. That’s because the Agent is your cost and might be subject to 1099 reporting, and your Royalties, etc, will come from your customer on a 1099, in gross.

 

So you set up and use a Bank type of account for Clearing. You “deposit” that sales receipt to this bank and Write the expense check from there. The Real Deposit is a Transfer from Clearing Bank to Real Checking.

 

Clearing Bank should always end at 0; that’s how you know you did a Barter correctly.

Resolution for Issue 'How to match a deposit net check with a sales receipt and expense (commission)?' available: Yes (Solved).
Source: Intuit Community forum.

How to match a deposit net check with a sales receipt and expense (commission)?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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