Which sales report to use for accounting and Profit and Loss
Hi,
I’m using the monthly summary report and using the income line to report my Inc VAT sales on my own set of accounts.
Is this the right thing to do? As when I look at the sale dashboard the ordered product sales are a lot higher.
I don’t want to be understating my sales number in my accounts.
Thanks
Andrew
Which sales report to use for accounting and Profit and Loss
Hi,
I’m using the monthly summary report and using the income line to report my Inc VAT sales on my own set of accounts.
Is this the right thing to do? As when I look at the sale dashboard the ordered product sales are a lot higher.
I don’t want to be understating my sales number in my accounts.
Thanks
Andrew
3 replies
Seller_JzdTQ2uyzaNeK
Hi Andrew,
I recently wrote a Blog Post answering this question on my website. We show you how to manually pull a profit and loss account without paying for third party software.
The link is below -
Seller_MJqmJsOcfYSMK
Do you have a step by step for VAT return purpose? Including market places of UK, DE and ES.
