Buying and selling online - do you keep track?

Hi guys

Those of you buying and selling online, do you keep track of everything you are buying and selling?

What do you use for keeping track of what you buy and sell?

I created a simple XLS file to help me. I have attached it to this post and you are free to use it if you'd like.

 

I'm useing a exel file too but thx for sharing

 

I have a chart that tracks my daily earnings, weekly earnings, monthly earnings, and then compares them with previous days, weeks, and months and gives me a % of gain and loss. I also have visual representation of it.

 

yea i use excel too, you have to track to be able to set goals and grow

 

I'm very new to IM and I was going to try it but its asking for a product key. After telling it I didnt have the key I had a read only version.

Mm

 

I use an excel file but a little more sophisticated than the one you provided ..

 

Why should I use some sort of software to keep track when I buy something online?

I bought a book last week, should I put that in my records? *shrugs shoulders*

When I sell my e-books, I simply use my e-mails as record, which I delete every 30 days because I no longer need them. Or, I'd simply copy and paste it into Word for my records.

*shrugs shoulders*

 

I used excel, but it gets unwieldy.

Try this free software from quicken:
http://quickbooks.intuit.com/product/accounting-software/free-accounting-software.jsp

It's called Quick Start, and really just records your income and expenses. I've been entering stuff in for a year, and it's really nice. Plus, once I get large enough, I can easily move into a real accounting package.

 

Don't you pay taxes?

 

Clearly not

 

Of course, terrymason, but, like I said before....

I also keep receipts, and my utility bills for write offs.

Hello???

I guess some like to use software that really isn't needed. I don't know. Different strokes for different folks. I was just asking, anyway. No biggie.

 

you guys will learn why cooper is on half of DP's ignore list...he is ignorant....don't even bother to dialogue with him...I think he is actually only 12 years old

everyone knows if you have any sizeable amount of sales, you can't track customers with "emails" and you definitely don't throw away the emails after 30 days. he is still in grade school guys, put him on ignore, you will enjoy DP much better. Might as well red rep him while you are at it.

now as far as the original

I use a combination of quickbooks and my shopping cart processor which gives me great reports...

all my sales whether through paypal, or taking their credit card direct through my merchant account goes through them. EXCEPT FOR telephone and mail order.

Quickbooks ultimately does the long term tracking - my shopping cart handles short term.

I don't track what I buy as much, because I create most of my own products, anything else I buy is a traditional business expense (servers, internet access, software etc)

so saving the reciepts and entering in quickbooks once again comes into play.

VERY useful tool.