HowAssociates started this topic @ 13:17 on 14/09/2009
This is a question for any accountants out there,
I use TASbooks to do my accounts. I have multiple income streams, firstly I am a consultant and so I have set up the agency I am currently working for as a customer and raise invoices and show the payments as fee income when I get them.
My other incomes are as follows
Commission from reselling web hosting
Selling bars of personalised chocolate
Commission from selling mobile phones and insurance
Selling photographs I have taken
Now I don’t want to set up a customer for each and every sale of a chocolate bar or photograph so I just enter that into tasbooks as other sales and have created an income code for choc bars and one for photos.
I do the same for the commissions
Is there a better way of accounting for these?
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Richard How FIAP MAPM
How Associates - Programme Management Consultants
Quality Web Hosting
Photography Forum
Tourist Guide to Newport Pagnell