Monthly payments to and from NWMLS

From NWMLS

Northwest MLS pays two-thirds of the WWVAR’s monthly rent: $613

For 2024, Northwest MLS also awarded a $3500 grant for Government Affairs (used to pay for Hill Day.) They pay that out monthly at $291.67.

So we receive a check each month for $904.67

How to account for that in QuickBooks.

 

To NWMLS

WWVAR pays one third of the AE’s salary, or $1663 to NWMLS on the 23rd of each month.

This is set up as an automatic bill pay from Baker Boyer checking.