Accountants Community: An owner wants to split the revenue between themselves and an independent contractor (paying out every 2 weeks) – can you do this and if so, how do you do it in QBO?
This was asked twice, also on the Accountant’s Community, and answered there:
There is no Gift here. There is no Other Equity Owner here.
This is either Commission, as Splitting the operational results; or Payment for Services as Contractor Labor.
The concept is fine, but do it Right […]
Resolution for 'Accountants Community issue: 'An owner wants to split the revenue between themselves and an independent contractor (paying out every 2 weeks) – can you do this and if so, how do you do it in QBO?' available: Yes.
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