Hi I am new to quickbooks I am using simple start and would appreciate help on "daily sales"
I am wanting to enter my ebay sales receipts as a "daily sale" but am unsure of how to do it - the payment that goes into the bank (daily) includes ebay fees example - 500.00 paid into the bank made up of 400.00 sales and 100.00 fees.
thanks in advance!
HI Spsue👋, Thanks for reaching out and welcome to the Community! What you can do if you are looking for a match to appear on the banking is record a sales receipt(in the + symbol> create a customer called daily sale for example) add the 500.00 sales on the sales receipt but make sure where it has deposit to you select undepositied funds(if that does not appear as an option you can create it under current assets in accounting>chart of accounts>new). Once done go to the + symbol again bank deposit|>put a tick by that receipt in select payments included in this deposit>go to add funds to this deposit >select payee if needed in account select expense account for the fees and then in amount add the amount 100.00 but put a minus symbol in front so -100.00 and fill in the rest and then in total you will see you are only banking the 400.00 but have recorded the sale of 500.00(in the sales receipt and then the fee as well. Once all that is done go to banking and you will see a match. Any queries on this let us know😊
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