How do you handle bookkeeping when sharing a booth or doing a collaborative sale?

How vendors usually handle this

Common approaches include:

• Tracking sales by seller.
• Splitting shared expenses evenly or proportionally.
• Settling balances immediately after the event.

Key principle

When vendors share a booth space, they typically establish a clear written agreement regarding how costs, sales, and tax liabilities are split. There are several ways to structure this, but it is important to ensure that each party’s financial records accurately reflect their individual share of the revenue and expenses for tax reporting purposes.