How do you handle bookkeeping if you have a partner or helper sharing the booth?

Best practices

Before the event, agree on:

• How sales will be split.
• How shared costs will be divided.
• Who collects payments.

After the event

Each person can record:

• Their portion of sales.
• Their share of expenses.

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.