Question

Issue with invoicing

Forum|Forum|5 years ago
June 28, 2021
2 replies
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I have an Etsy shop which charges us fees for posting our product and also takes a portion of our sale when we do make a sale. When I do my invoicing I do it for the total amount in the customers name but when Etsy sends me my payment they have deducted the said charges. Should I be doing the invoice for the full amount, would I be better off to do all of those sales under Etsy rather than the individual customers names and how do I show this as an expense.

Your help is appreciated

Chris

QuickBooks Online

carolineambrozio

Hi @sunsetvalleydesi

I'd be happy to point you in the right direction.

There is more than one step to record this transaction and it falls into accounting territory. For this reason, it's best to reach out to your accountant to make sure all the appropriate accounts are adjusted as they are trained on how to do this. If you don't have an accountant no need to worry, we can help. You can go to My Accountant>Find a pro to help to find an accountant in your area.

If you have any questions please feel free to reach out and let us know. We'd be happy to help.