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Peachtree or QuickBooks for Retail?

I have been doing a bit of selling online & want to expand but my main concern is bookkeeping/accounting. I currently sell on ebay & will open a website soon. Since I sell on ebay my final sale price can vary. I need the easiest way to keep track so that I can focus on selling & creating items. Also since I have so many receipts,invoices should I record them all at once like for instance the total for one week includes sales, fees, material costs, etc..? Or should I enter all receipts/items seperately...? I keep invoices, receipts for buying materials but if I were to lose those would the information I have in my accounting software be enough for the IRS or Board of Equalization? also...... I am confused about what to report to whom.... Since I have a sellers permit do I report anything to do with that to the Board of Equalization & consider that seperately from my personal taxes?

6 months ago - 1 answers

Best Answer

Chosen by Asker

You are not large enough for Peachtree - it is very involved. You should look to Quicken or Quickbooks. Check with your local SBDC - Small business development center - they sometimes have short courses on these softwares at reasonable prices. www.asbdc-us.org

by diblyhoo

6 months ago

Asker's Rating: