 Let's go and make a journal entry as of 08 Let's say 30 2 5 and we're gonna say that this is going to be an expense account which is going to be What do we want to call it Amazon? charges Amazon Charges, I'll just make up an expense account. You can put it in the cost of goods sold If you want I'm just gonna put it in the expense for now so so You could put it into cost goods sold though, but I'm gonna say let's say other business Amazon charges and We're gonna say that was for two oh nine eighty three two oh nine point eight three and The other side is gonna go into the Amazon sales Sales Amazon so this will increase the Amazon sales with a credit because it goes up with a credit and The Amazon charges will be an expense account which you could put into cost of goods sold and I'll save and close and back to the income statement and So now we've just basically said okay that should tie out to my 1099 so the IRS is happy and And and then I'm just assuming that the difference was Charges of some kind that I lumped into charges and then down here. We've got the net income which basically is the same I In either case so we just adjusted it to get the top line to to match what is being reported as Sales assuming that that is the correct thing to do that would be the easiest thing to do but you don't get a lot of detail in terms of what the actual charges were and that's not ideal especially for Internal bookkeeping purposes also if you had sales tax that you needed to track then You're gonna have to come up with some way to do that although with the Amazon Situation Amazon might be responsible for a lot more of the sales tax situations Then if you were in a Shopify kind of situation now the next method is we can say okay I'm gonna pull this information in and enter a journal entry According to this whole detail that I pulled in every two weeks that I'm gonna pull in related to the deposits and It's summarizing multiple sales So it's not like I'm pulling in every transaction But I'm gonna take my deposit detail and and try to get my financial statements to have more information So then I'm gonna enter a transaction that looks more like this So let's pull this in in and do that method So I'm gonna go back on over and we'll do this on Nine one so now I'm gonna enter a journal entry So we're gonna do the same thing again with a different method this time to tie out to this deposit so we'll say let's enter a journal entry and I'm just gonna go through each of these line items on and I'm gonna gonna make up an account for it to go to So each of these line items we did this in a prior presentation We decided that all of these items that make up that Deposit is gonna be going into these accounts. So if I don't have these accounts, I will make them up as I go So we've got Amazon charges so Amazon Amazon Charges Let's do that. This is gonna be as of by the way. Oh nine. Let's say thirty two five And that's gonna be 9026 90.26 and then we've got Amazon charges a couple more times so we'll say Amazon Charges again, this is gonna be 16 on the credit 16 was that even Steven and then again, that's not Amazon charges Okay, the heck posse oh Amazon Amazon Charges Amazon charges All right Don't be messing up like that Amazon charges again, and this one's gonna go to 17 do I really have to deal with these pennies crying out loud? All right, then we're on Amazon FBA fees all right Amazon Son FBA fees I'm gonna say tab and I'm gonna set that up again We could put it in a cost of goods sold I count or an expense account. I'm just gonna expense them for now It's you know, so I won't get into the details on that and and we'll look at the custom where like the integration for For Amazon within QuickBooks automatically sets up the accounts later And I think they put it to cost of goods sold so and we'll take a look at that later But I'm just gonna put it into other Expense there it is boom and that's gonna be for $87 87 and then we're gonna say that we're on Amazon sales. All right Amazon sales But hold on a second don't I have a sale sales Amazon? There we go and that one is for that should be a credit it's gonna be for Amazon 701 All right 701 So it's quite of a tedious activity to do this, but Amazon refunds. All right ammo Amazon refunds All right, let's add it I'm gonna say it's gonna be an income account because this is gonna be a contra income account for the Refunds they come back to us. So I'm gonna say other primary income Amazon refunds and that was for 9988 so 9988 is that right? 98 98 Pick it up correctly All right, and the next one is seller fees and charges again. All right, so I'm gonna say Amazon charges and That one three dollars They're just nitpicking me Nickel and diamond nickel and diamond me to death. It's just like the IRS does Amazon Amazon charges Amazon charges 108 All right 1.08 Okay, and then we've got Amazon shipping Income Amazon Shipping income I'll make up an account It's gonna be an income type of account because this is what we're charging for the shipping We're collecting the shipping in this case. I'm gonna say other income Amazon shipping boom Chaka locker $21 $21 and Then we got Amazon shipping again. So ultra vase Amazon shipping income and This one is 11 on the debit side 11 something 1144 I can't remember four numbers 1133 1133 Amazon shipping again I should be able to remember seven numbers at a time Isn't that what the memories? Amazon shipping you're supposed to be able to remember. That's why the phone numbers are that long. You can't even remember 939 9.3. Oh, hold on a sec 9.39 All right, and then we've got Amazon sales tax payable all right and Amazon sales tax payable I'll add that that's gonna be a liability because these are gonna be the sales taxes that we Are getting paid that we're probably gonna have to remit to the government remembering