Normally there is a certain
Where to put taxes and order processing fee in accounting?
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Author Topic: Where to put taxes and order processing fee in accounting?  (Read 573 times)
usnwife01
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« on: September 19, 2007, 10:21:24 PM »
I'm just wondering which lines do I use to fill in the order processing fee and the taxes when I'm doing the accounting?  I think I finally figured out the whole accounting thing....well, for the most part....it's only taken me 48 hours non-stop.....I need food...and my back hurts!!! Do I need to create two new things under business expenses just for taxes and order processing fees? And under what headings would I put them? Thanks! It's getting late and I can't think anymore!
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admin
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« Reply #1 on: September 23, 2007, 02:45:53 PM »
You can create Sub-Accounts for each postable Line in Worksheet.  So for example you can add a Sub-Account to Sales (have one Sub-Account for Sales Amount, another for Tax) Sales Line will then show/display the total of the two.  You could do this with Cost of Goods, Supplies & Demos, Personal Use, etc.

Hope this helps.

Cheers,
Stan
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