12-08-2010, 12:35 PM
I have a parent company with about 70 subsidiaries. I ship to, and invoice, the subs, but send statements to the parent. The subs pay the parent in full. When I receive and enter payments from the parent, they short me 4% of the total they received from their subs as their 'commission'. Is there a way to show this 4% in QB where full payment is still being made against the invoice totals? I need to invoice the subs for the full amount of sales, but the 4% must show on the parent statements. I know I can create an income account for 'Less Discounts Given', but it can only show on the parent statement. When I go to create the statement, I cant modify it to show the 4% - it just builds off the subaccount invoices already sent. Could this be helped by setting up the Customer or the Account in a different way?