I’m looking to switch from QB Desktop over to QB Online. I want to do it correctly for 2024 (or maybe in 2025) when I migrate over to Online version.
I own a business doing Amazon FBA. I get my monthly sales report from Amazon. The monthly report breaks down my gross sales, returns, expenses, and what gets deposited in to my checking account after all expenses are paid.
Note, as an Amazon FBA seller, we send our inventory to Amazon. Amazon does the fulfillment. We do not invoice anything to Amazon when we send our shipment to them.
The way I’m currently doing it is that I record my gross sales, returns, and expenses on an Excel spreadsheet. I only record my income that I received in my Chase bank the amount from Amazon as “Amazon FBA Income”. Because of this, my P&L is never correct, or should I say real time information.
I want to incorporate my gross sales, returns, cogs expenses, and income received from the Chase account in my QB Desktop/Online. I am sure there are many of us doing Amazon FBA that would like to see how to transact these numbers in QB. Can you please do a YT video demo on this subject matter? Thank you
