What Is The Proper Way To Itemize This Scenerio?
by Jennifer
(Sunrise, FL, USA)
What is the proper way to itemize this scenerio?
Company I am helping is a middle man for title company and County court houses.
He receives money from title company and pays county. He does not want to show this as revenue. The only revenue is his fee of 8 dollars per transaction.
I am creating an invoice for each client with I tem lines county fee, service fee. I just want to make sure the county fee is not recorded as revenue. We are sending that money right back out to the county So we dont touch it. I'm thinking I want to connect it to the vender which would be County. But would it be an expense for both the invoice and the bill/ check. or what do i do. I'm brain farting.
Please help.
I hope you understand what i'm asking.
Thank you for your assistance,
Jennifer