Real Estate Agent Bookkeeping: Record Real Estate Commissions
Автор: Take Home Profit
Загружено: 2024-06-22
Просмотров: 466
Описание:
In this video, I explain my method of how to record real estate agent commissions inside Quickbooks Online.
The first reason I recommend recording commissions using this method is so that you can understand the cost and value of your real estate broker. The second reason, you will have to watch the video to learn.
In this video:
00:00 - Introduction
00:46 - Simple Demonstration (Whiteboard)
03:25 - Add a New Account In Your Chart of Accounts
04:48 - Creating a General Journal Entry
07:38 - Pulling Your P&L to Evaluate Your Broker
09:52 - How Do You Compare to the Millionaire Real Estate Agent?
This method was pulled from the Millionaire Real Estate Agent by Gary Keller so that you can compare how your real estate business is doing.
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