Easy Accounting System for Ebay & Amazon Sellers

My easy-to-use accounting system using what I call "green-and-white sheets" (these come on a pad and can be purchased at any office supply store). I basically keep a check register and then have my categories for breaking down the debits/credits.

Ebay Store: http://stores.ebay.com/Annabellas-Gift-Shop
Amazon Storefront: Annabella's Gift Shop
Blog: http://annabellasgiftshop.blogspot.com/
Twitter: www.twitter.com/annabellas
Facebook: Annabella's Gift Shop

Category:

People & Blogs

Tags:

• Ebay
• Amazon
• accounting
• record keeping
• ecommerce
• running a business
• making money online
• working from home

[shrks1fan]

You say $600 however eBay & amazon don't report your sales to the IRS unless you do 200 transactions or $20,000 in sales. Paypal will report if both those occur (200 transactions & $20k). Thanks for showing your method. Always nice to see how others are doing it.

[annabellasgiftshop]

@shrks1fan I don't mess with the IRS! I have a business account and all Amazon/PayPay money is deposited into that and tax forms issued at the end of every year. I actually DO have over 20K in sales a year. Even if I didn't, though, I'd still keep track and report everything to be safe. :-)

[TheVintageDiaries]

Thanks for sharing how you keep a record of your sales. I'm always looking for new ways to keep my records.