Amazon Seller Central is a popular platform for selling products online. But bookkeeping for this platform presents some unique challenges. In this post, I’ll share best practices for how to record your revenue and expenses in QuickBooks Online. (This information is for educational purposes only and does not constitute tax or legal advice. This post contains
Shopify is a popular platform for selling online. But bookkeeping for Shopify presents some unique challenges. The biggest issue is that customers can pay in a variety of ways, and those payment methods deposit to your bank differently and have different fees. So in this post, I’ll share best practices for how to record Shopify
Running an Etsy shop is a meaningful business venture for many creatives. You get to share your creations with others and get paid. But for most Etsy shop owners, the most dreaded part of the job is bookkeeping. It’s even scarier than marketing and social media. That’s why I put together this Ultimate Guide to
Blogging is a rewarding job. You get to impact others with your experience and expertise. But for most bloggers, the most dreaded part of the job is bookkeeping. It’s even scarier than tech. That’s why I put together this Ultimate Guide to Blog Bookkeeping. As an accountant, my superpower is taking the pain out of
I love to use PayPal when I’m purchasing items online, but it can be a big pain when it comes to my bookkeeping! That’s why I created this QuickBooks tutorial to show you how to record PayPal transactions in QuickBooks Online. As you know, I love using QuickBooks Online Simple Start for my bookkeeping. I use
When setting up your small business bookkeeping for the first time, you must select a start date, the date on which you begin to bring your business financial transactions into your bookkeeping program. Many factors go into selecting the ideal start date for your small business bookkeeping. In our discussion we’ll be assuming you are
In November 2018 Etsy created a new Etsy payment account and eliminated the separate Etsy bill. Now all Etsy fees are deducted from Etsy sales before the remaining money is deposited into your bank account. In light of these changes, the process for recording Etsy deposits and Etsy fees in QuickBooks Simple Start has changed.
Your blog is growing! You are finally starting to see some blog revenue, and of course, you’ve had expenses for a while now. You know it’s time to get a handle on your blog bookkeeping, otherwise, you’ll have a mess come tax time. You have heard people talk about QuickBooks. Is QuickBooks right for your
As a small business owner, the thought of setting up a bookkeeping or accounting system can seem daunting. However, good financial data is vital to your business success, and setting up a bookkeeping system can actually be quite simple. There are many online accounting programs available today. QuickBooks is my favorite. QuickBooks is perfect for
In the Quick Start Guide to QuickBooks post, we talked a little about naming your revenue and expense accounts. The list of all your account names is called your Chart of Accounts. The Importance of your Chart of Accounts As a new small business owner, you may be tempted to just use the account names
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