Hi, I've just signed up for Zoho Books and I just want to be sure I'm recording my affiliate income properly. I couldn't find much information on the subject.
So here's my situation: I get paid by several affiliates that I work with, mostly directly to my PayPal account (which is connected to Zoho Books).
Right now for these affiliate payments I have an Affiliate account with sub accounts for each affiliate (e.g. Affiliate 1, Affiliate 2, Affiliate 3, etc.), and I record each affiliate payment into the appropriate account.
Is there a more proper/better way of doing this? It seems to be doing the job right now I just want to make sure it's sustainable in the long term.
Thanks!