Widget sales- How?

I am using Money Plus.
I sell widgets at shows, stores and online.
When I sell them, they show up on my bank statements but how do I keep track
of them as Sales and also apply the Sales tax so that they automatically
register on my reports as Income and Tax categories?

I guess what I am saying is I would like to just have a category that I can
set these transactions to that will seperate them into the right parts of my
Profit loss, taxes,Income reports.

Yes, I am completely new to this :)

Steve
Wed May 07 07:23:41 CDT 2008

=?Utf-8?B?anBoMTk2Mw==?= <jph1963@discussions.microsoft.com> wrote in
news:0DC95F20-A49D-4E8D-B67C-A4013C85FF65@microsoft.com:

> I am using Money Plus.
> I sell widgets at shows, stores and online.

You need the small business version of Money.

> When I sell them, they show up on my bank statements but how do I
> keep track of them as Sales

When you sell something, you will create an invoice.

> and also apply the Sales tax so that they
> automatically register on my reports as Income and Tax categories?

Money business lets you define your products, specifying whether they
are subject to sales tax. You also get to track customers. Each customer
has his own sales tax rate, so churches can be zero, and people in
different counties can have their own rates.

> I guess what I am saying is I would like to just have a category that
> I can set these transactions to that will seperate them into the
> right parts of my Profit loss, taxes,Income reports.

This will be mostly automatic when you do the invoicing.

> Yes, I am completely new to this :)

That's OK. I also was completely new once.
--
Steve B.
New Life Home Improvement

jph1963
Wed May 07 08:01:01 CDT 2008

Thanks Steve.
I'm betting this is more a case of my brain thinking the Software should
understand my thoughts before I know the full functionality and proper use of
Money.

Sorry. I'll post back if I still can't comprehend.
Thanks again.
"Steve" wrote:

> =?Utf-8?B?anBoMTk2Mw==?= <jph1963@discussions.microsoft.com> wrote in
> news:0DC95F20-A49D-4E8D-B67C-A4013C85FF65@microsoft.com:
>
> > I am using Money Plus.
> > I sell widgets at shows, stores and online.
>
> You need the small business version of Money.
>
> > When I sell them, they show up on my bank statements but how do I
> > keep track of them as Sales
>
> When you sell something, you will create an invoice.
>
> > and also apply the Sales tax so that they
> > automatically register on my reports as Income and Tax categories?
>
> Money business lets you define your products, specifying whether they
> are subject to sales tax. You also get to track customers. Each customer
> has his own sales tax rate, so churches can be zero, and people in
> different counties can have their own rates.
>
> > I guess what I am saying is I would like to just have a category that
> > I can set these transactions to that will seperate them into the
> > right parts of my Profit loss, taxes,Income reports.
>
> This will be mostly automatic when you do the invoicing.
>
> > Yes, I am completely new to this :)
>
> That's OK. I also was completely new once.
> --
> Steve B.
> New Life Home Improvement
>