Hi
I am a new user, just started today. I am mainly using ‘quickfile’ for my online selling and for my tax returns. I have experimented and not quite clearly know how to enter my transactions. So, one of the platforms I sell is Ebay, I know there is a feature that will import all my transactions automatically but it’s not viable for me as my sales are very minimal. So, I was considering entering all my sales in a batch for the whole week, but I got muddled up where should I enter and divide my expenses, which are postage, site expenses, taxes when I sell to other countries etc. How these should be entered and recorded for HMRC please?
Hope I managed to explain well myself and thanks in advance for your help
Hello @JosephS
Normally I would advise you to enter your sales and purchases in batches (daily/weekly/monthly).
However if you are selling to other countries there can be differences in the way vat and charges are processed.
I would recommend seeking guidance from your accountant on this for tailored advice.
We are not registered accountants nor bookkeepers.
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