Every brokerage needs to get commission data into their accounting system. For most, that system is QuickBooks. The question is how — and most brokerages are doing it the hard way.
The Manual Process (What Most Do)
- Calculate commissions in Excel
- Manually enter each payout into QuickBooks
- Cross-reference to make sure nothing was missed
- Spend 3 hours per closing reconciling numbers
For a brokerage processing 20 closings per month, that's 60+ hours per month of bookkeeping — nearly a full-time position.
Integration Options
CSV Export (Simple)
The simplest path: export commission data as a CSV file, then import into QuickBooks.
Pros: Works with any QuickBooks version, no setup required Cons: Manual step required, potential for import mapping errors
IIF Format (Intermediate)
QuickBooks' native Intuit Interchange Format. More structured than CSV, maps directly to QuickBooks chart of accounts.
Pros: Cleaner import, fewer mapping issues Cons: Only works with QuickBooks Desktop, format is finicky
Direct API (Advanced)
Real-time sync between your brokerage system and QuickBooks Online via API.
Pros: Fully automated, real-time data Cons: Requires QuickBooks Online, more complex setup
What to Export
A proper commission export should include:
- Agent name and ID
- Property address
- Closing date
- Gross commission
- All fee deductions (franchise fee, desk fee, E&O, etc.)
- Net agent payout
- Broker retention amount
Kevv's Approach
Kevv Brokerage includes one-click QuickBooks export in both CSV and IIF formats. Select the date range, click export, and import into QuickBooks. Direct API integration is live.
See Kevv pricing — QuickBooks export included in Brokerage and Enterprise plans.