View Full Version : QuickBooksPro- what accounts to use in my retail business
dwarf
09-19-2003, 01:41 PM
I do not track inventories in our Corporation C
1. Which accounts do I use for my non-inventery items if I purchase
items in the US and sell them to Russia.
2. I purchase blank t-shirts materials for t-shirt printing but do not
track as inventories, I pay for that by company's check. How do I show
the purchase of such items. Do I have to use purchase orders or not.
3. Sometime I receive prepaid deposits from Russia and purchase items
later;
and sometimes I receive money and purchase items later.How do I
track this type of transactions
Any help is appreciated
Those are very important fundamental questions that you should discuss with your competent professional accountant.
"dwarf" <d_moskovenko@yahoo.com> wrote in message news:6715883c.0309191341.60a3f4ab@posting.google.com... I do not track inventories in our Corporation C 1. Which accounts do I use for my non-inventery items if I purchase items in the US and sell them to Russia. 2. I purchase blank t-shirts materials for t-shirt printing but do not track as inventories, I pay for that by company's check. How do I show the purchase of such items. Do I have to use purchase orders or not. 3. Sometime I receive prepaid deposits from Russia and purchase items later; and sometimes I receive money and purchase items later.How do I track this type of transactions Any help is appreciated
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