Alfred Guirgis
Level 1

Taxes

Hello IamjuViel

 

Good day

I am new with quickbooks, and trying to build it for my e-commerce business.

 

But I am stuck on several things..

 

1- I sell for ex: at ebay & shopify,, So I found several ways to do it,, 

  • Option 1: is to make a customer called ebay & shopify.. ( Which I do not think the best way for reporting )
  • Option 2: To make it on Charts of ACcounts : EX: Ebay Sales ( sub Accounts : Ebay Refunds / ebay product sales ) Then --- ebay Expenses ( Sub accounts: ebay fees / ebay transactions fees ) & same for the shopify or amazon
  • Option 3: is using Classes or Projects for each store..

So now I became confused, which is the right way to do it....

 

Putting in mind that I need in reporting: COGS to be linked to each account... 

It is as if I have several branches or stores, so I need to know the full image for each one.. To link each with their.expenses..  

 

I need to know more about the differences if I used those options.. 

 

Thanks for your support

 

 

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