I rent properties through an agent. The agent collects rental income for me from the tenants. They pass this rental income on to me. However before they pass it on to me, they deduct a commission of the rental income.
I do not know how to account for this in a finance package.
I am just setting up. I have trialing both quickbooks and MS Accounting pro. I am experimenting with having my properties as customers or the letting agent as a customer. I feel like I am getting closer to solving this issue by having the letting agent as my customer and the tenant as the assoicated job (property as the class).

Can anyone advise how I might be able to account for me invoicing for the full rental but me only receiving a part of this. I want to show the full rental income and the commission as a business expense.
thank you...