If I have a project partner , who run courses with me and we have a profit sharing with the income, how to manage this transaction in MANAGER?
Ask an accountant,
They will ask you,
Your business legally registered as sole A. proprietorship or B. Partnership or C. Private Limited Corporation?
currently is under sole proprietorship
Then treat your ‘partner’ as vendor (Supplier) ask of him to bill amount of ‘profit’ calculated manually of his proportion, Then, address to your registered business name.
you will account the cost under your books including your partner’s bill (profit shared amount)
or
vice versa depending which one of you able to get the project tender, The cost will need to account under those received the project tender. In this example you’re the one received the project and the one who manage it under your business name.