Grantamato Posted May 22, 2017 Share Posted May 22, 2017 I recently purchased a route with 26 locations and have tried to use Quickbooks to keep track of my income and expenses. So far, I have only made my locations my customers. Within transactions, I made sales receipts for customers by using candy machines for services and creating expenses for commissions. How do you use Quickbooks for your records? Im also not sure how to track inventory and expenses; I could really use the help. Link to comment Share on other sites More sharing options...
AMD Snacks Posted May 22, 2017 Share Posted May 22, 2017 I personally use a bookkeeper because: (1) I've messed up my books a few times (2) it saves me a lot of time and energy (3) my accountant saves time because things are done right, which saves me money in the end. I would suggest at least using one to get you set up and going, after that if you have the time you can just follow the pattern they set up for you. But to answer your question, I don't use locations as customers, I pay per city (because that's how the taxes out here work) So my customers are all cities. I believe commissions are in an expense account named commissions. Link to comment Share on other sites More sharing options...
mountain vender Posted May 26, 2017 Share Posted May 26, 2017 I hired a quickbook tutor to set up my account. I have city and county customers, therefore the taxes are different. I put snack and soda bank deposit amounts on each property under 'customer' with 'sales receipts'. I put all product purchases, gas, repair etc, under each 'vender'. I don't understand what you mean by commissions. (I record my 5% commissions quarterly with a check to customer). I have the online version of QB. Let me know if I can help with any questions, I know how frustrating it can be. Link to comment Share on other sites More sharing options...
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