Accrual Process: Tracking / accruing quarterly royalty payments based on gross sales and payable to investors
Don’t use that article method. For Commission on Gross Sales, first, if it is on everything, there really is no need to do any pre-tracking.
Set up this name as a Vendor.
Run your Sales Reports; create a Bill to pay your royalty. This is the Accrual Process = Accounts Payable.
Resolution for 'Accrual Process issue: 'Tracking / accruing quarterly royalty payments based on gross sales and payable to investors' available: Yes.
The Accrual Process 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 Accrual Process issue yourself by looking for a resolution described in the article. If it is a complex Accrual Process issue or you are unable to solve the issue, you may contact us by clicking here or by using other Accrual Process support options.
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