posted on February 16, 2006 03:33:40 AM
This question has been covered before I am sure, but have not read replys to this for quite some time.
I have tried many methods before, but seems I may be putting more work to it than I need to. I would like to know how you keep you records on sales and expenses.
Figured since the year is new, it might be a good time to start fresh.
I use or can use Vendio SM, Quickbooks Pro, Quicken Home and Business, and Excel.
I have in the past, typed sales, and no sales, and other expenses into Quickbooks, but that is very time consuming.
Generally this is an example of my record keeping...
I print email of new auction, invoice of sold item showing method of payment, and copy of shipping info.
I would like to inport transactions and billing from Vendio, Paypal, Ebay, and my Bank records, but I believe this can't be directly downloaded into Quickbooks without making some adjustments to them first so they are Quickbooks capatable, and I don't know how to do that.
What are your methods and steps taken for each item listed? How do you keep records of sales and no sales? What about monthly invoices and costs, Ebay, Vendio, Shipping, Etc? What about payments received, Paypal, Money Order, Checks, Etc.?
If you use Quickbooks Pro, how do you, and how much info do you put into it?
I want to save the information that I need, but don't want it to take over my life...
so what do you do?
posted on February 16, 2006 03:41:05 AM
Another question...?
Do you use Sales Manager Merchandising Edition, or Inventory Edition? Pros and cons of the version you are using, if you do use either one. I am now using Merchandising Edition, but may want to switch to Inventory Edition if any of you like it.
posted on February 16, 2006 07:30:01 PM
I don't keep detailed information on expenses, only in the aggregate. I use QuickBooks because my ex-partners started using it, but I would just as soon use Quicken.
Sales information I need in detail, because I sell on consignment, so I need another level of detail that I wouldn't need if I were selling my own items (e.g., whose item is it, have I paid them yet, etc.) That gets done in Excel (with extensive use of VBA macros, so there is very little manual input).
Is there a particular reason you want transaction level detail in QuickBooks?
