classiccandle Posted September 6, 2012 Share Posted September 6, 2012 Here's my situation and I hope some of you who are more experienced with QB can help. I rent space in a local craft type business (along with about 100 other craft vendors) and they take care of sales tax, credit cards, credit card fees, etc. My responsibility is to restock my inventory, keep my space clean, and pay my rent. Every two weeks they send me a Settlement Report which shows what I sold, how many and what my net profit was. In the month of July I sold 55 tarts and 28 candles but I have no idea how to enter those types of sales in QB. Can anyone point me in the right direction? Thank you! Quote Link to comment Share on other sites More sharing options...
Misty Posted September 7, 2012 Share Posted September 7, 2012 Do you have these items in inventory in QB? Or do you have just the basic version of QB? I'm used to QB pro, so I would have the craft business set up as a customer, and then invoice them for the stock that was sold, as a sale. Quote Link to comment Share on other sites More sharing options...
NaturallyTru Posted September 7, 2012 Share Posted September 7, 2012 (edited) For my consignments I do it as a sales receipt. If it is a show I plan on doing again, I add a vendor. I have a Miscellaneous vendor for all other. On the sales receipt I add the total of the sale and then on a seperate line I put in the consignment cost as a negative. Works great for me. I need to take a class someday to actually figure this software out...lol.Do you have each item in an inventory on QB? You could do one line for each inventory item also. Edited September 7, 2012 by NaturallyTru Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.