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Jan 1, 2010 · Buying and selling on eBay. this as a business. How woud I set this up in Solar Accounts. Hi James, I'm afraid I can't give you advice specifically for ebay. Like any business, you can record income as a Money Received transaction (or as an invoice) and expenses as a Money Paid Out transaction. You may also find our help page on PayPal ...
Sign in to eBay or create an account. Email or username. Created your account with a mobile number? Sign in with mobile. Continue with Facebook. Continue with Google. Continue with Apple. Stay signed in Using a public or shared device? Deselect to protect your account. Learn more.
When you buy the stock record a Money Paid Out transaction allocated to 'Inventory / Stock' for £1,000. When you sell 66% of your stock create an Invoice or Money Received transaction for £1,000 using the Sales Income account.
If you previously purchased the offline version of Solar Accounts you can set up your online account and import your existing data described on this page. Do you support Making Tax Digital for VAT? Yes, Solar Accounts allows you to directly submit VAT returns to HM Revenue and Customs as described on this page .
Full-Featured Accounting Software. Double-entry accounting with powerful features to quickly give you the information you need. Foreign Currency Invoices. Print and email invoices in a foreign currency using an appropriate exchange rate. Track Profit and Loss For Each Job. Link transactions to jobs and produce a Profit and Loss report for each job.
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