Hi,
Can I just check with someone who is more knowlegable than me please to make sure ive been doing my accounts right,. Ive checked with accountant and he asnt handled amazon sellers before. But thinks this is right.
Just want to make sure it's 100% right and ive not missed anything. ( Im Uk bases , only sell in UK and IK Vat registered )
SALES
(1) goto Total Balance - Goto All Statements - Goto View Summary
(2) Goto Sales which is £1768.13 and input onto my account system for sales invoice £1473.44 + vat = £1768.13
PURCHASES
Goto my account system and input the refunds as shown in the summary ( which is £100.18 ) as £83.48 + vat = £100.18 as outgoings.
AND THEN
Goto Tax Document library and print off all Amazon invoices to add to my outgoings ?
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Is this everything I need to do to have it all right or have I missed anything ? Or am i doing something wrong.
Any clarification, would be very helpful - thanks
