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Keeping Books

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oasis
Posted: Fri Apr 08, 2005 4:18 am Reply with quote
Joined: 28 Jun 2003 Posts: 364 Location: Hilo,Hawaii
This is directed more towards owners of companies, but is open to shop owners as well...

I was just wondering how you guys keep track of
merch you sell, or if you do at all. How important do you think it is to keep a record or sales?
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auragreg
Posted: Fri Apr 08, 2005 9:25 am Reply with quote
Joined: 31 Aug 2004 Posts: 2382 Location: Highland, Michigan, USA, Earth
Quickbooks Point of Sale keeps track of all of that stuff for me.

And yes, I think it is important.

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MileHighSkates
Posted: Fri Apr 08, 2005 10:05 am Reply with quote
Joined: 28 Apr 2004 Posts: 2708 Location: Boulder County, CO
Quickbooks Pro & osCommerce for us.
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nevarestin
Posted: Fri Apr 08, 2005 1:52 pm Reply with quote
ORDER OF THE SKULL ORDER OF THE SKULL
Joined: 16 Sep 2004 Posts: 664 Location: Eastwood NY
I keep track of everything in a dome book (yes actual paper)
Its very important to keep track of every aspect of your business.
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oasis
Posted: Fri Apr 08, 2005 11:02 pm Reply with quote
Joined: 28 Jun 2003 Posts: 364 Location: Hilo,Hawaii
What I'm doing now is assigning every product an item number. Then I did an inventory sheet in Excel which basically lists each individual product and its corresponding item number. Then I just check it off when it gets sold.

I also have reciepts for all "official" shop and retailer sales. I suppose thats what those programs do, yes?
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felonsk8
Posted: Tue Apr 26, 2005 5:58 pm Reply with quote
Joined: 12 Apr 2005 Posts: 12 Location: vancouver
i use MYOB great program for books and keeping track of spending and accounts. my first 2 years in business i did not declaire profit. everything i did with the shops i work with was considered a give away which had receipts for the shops. were in our 3 year and still have not declaired a profit and we write most shit off. it helps come tax time with my other jobs. but im in canada i dont know how it works in the US. i assume its pretty similer.
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