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Will take another look at quickbooks. Thank you for your in depth reply. Will have to go over it a few times but makes sense. Really appreciated thank you
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Brilliant thank you.
It's just how it's setup. We were advised this way and works ok.
It's not PayPal causing the issue as I think we will do a upload of the excel sheet. Its the actual sales at physical auction houses.
So for example I sell the items for £100 and there is £20 commission. We...
Anyone familiar with Kashflow? Signed up for the free trial and just wondering how to show some of the sales at auction houses.
Do I create an invoice, and then put the fees down as a purchase :/
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Just taken a look at quick books.
Might be very helpful for me. I am currently employed and self employed. So really wanting to keep on top of all the accounting. I presume you can have multiple bank accounts and have one as the PayPal account etc?
Lots of packages seem very similar, I know...
I don't mind paying for software and it might be the best option then. Just don't want something that over complicates matters if possible.
I have multiple PayPal accounts and understand they act as separate bank account. They all withdraw into the same business bank account.
Thanks for the...
Thank you. I am more thinking on how to show this on the spreadsheet. It isn't really money out as it's taken at the time of sale, so never actually leaves my account, like other expenses which are usually purchases.
As you can probably tell I am new to this and just want to try keep good...
Good morning on Sunday! Wonder how many others never switch off!
Hoping for some advice on helping keeping the books straight.
I have created a simple excel spreadsheet to help do my accounting for been self employed. I felt it best to do it this way as I am fairly confident with excel and...
As others have said you easily end up with a lot of returns etc if your not careful. Also have to take into account any auction house fees, VAT and other fees.
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Will be in touch shortly with them.
I did kind of get that impression and I don't want to deal with anyone with that mindset.
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