John Rodgers on sun 6 jan 08
Bonnie,
The interests, concerns, and needs of folks involved in this discussion
is, I would bet, but the tip of the iceberg, so to speak, of
a long list things that could be added to QB that we could all use in
our accounting for our art business.
I have used QB a long time, and always found Intuit to be a pretty
progressive, forward thinking company. I would bet they would be
responsive to suggestions from professionals like yourself that work on
accounting with particular groups, like us Clayart folk.
Do you see where some changes or additions to QB would be of particular
benefit, and if so, would you be willing to contact Intuit about it??
Thanks,
John Rodgers
Chelsea, AL
Bonnie Hellman wrote:
> Hi Clayart Consigners,
>
> This is going to sound a bit complicated for non-QuickBooks users. New QB
> users will want to be looking at QB while reading this.
>
> General disclaimer: QuickBooks has multiple ways of doing most
> bookkeeping
> entries. I will discuss several, which doesn't mean there aren't other
> ways
> of tracking consignments.
>
> Having said this, IMHO QuickBooks is not really designed to track
> consignments, although it can be done. If you make one of a kind pieces,
> each one will need to be placed into inventory on the Balance Sheet.
> If you
> make multiples, then you'll increase the quantity in inventory, although
> you'll probably end up with a listing in inventory for each type of piece
> you make at each of your consignment locations.
>
> Because as an artist you have the option of expensing your supplies as
> you
> purchase them, the finished products will be the ONLY inventory you
> have and
> each piece will have a cost to you of $0.
>
> I would probably indicate in the memo field the location of the piece,
> or if
> I am using Classes in QB you could set up each consignment venue as a
> different Class. This would mean that you will have to keep up with the
> location of each piece if it moves around. The advantage of using Classes
> where each Class is that you'll also be able to track your revenue
> from each
> venue.
>
> When you sell a piece, you'll record the revenue (possibly using the
> Class
> you've assigned to that consignment location), put the proceeds into your
> bank account. You will also move that sold piece out of inventory into
> cost
> of goods sold. Remember that you've assigned a cost basis of $0 to that
> piece, so what you are doing is removing it from inventory, putting into
> sold pieces (cost of goods sold), all having no financial impact in
> QB. This
> will enable you to track which pieces were sold at which location.
>
> If Mayssan is looking to track the percentage of sales that she receives,
> this is NOT something you'd do on QB. Financially speaking, you are only
> receiving the net proceeds, and that's what goes into your financial
> records.
>
> I would probably keep a separate listing, and I'd use an Excel
> spreadsheet
> (because I use spreadsheets a lot, and therefore find them easy to use).
> Using a database to do the same would be another way to go. I'd have a
> column for the description of each work, a column for the date it goes
> to a
> consignment location, the name of that location, the price I expect to
> receive for it, the date I receive payment, and a column for any other
> information I wanted to track. As with all important computer data,
> I'd be
> sure to back up this information regularly, and keep one backup off site.
>
> I was not familiar with the QuickBooks that comes installed on
> computers for
> free, so I went to the QB website, and compared products at:
> http://quickbooks.intuit.com/product/accounting_software/product_comparison.jhtml?contextId=0000000000002000543
>
> It looks like the very basis QB is, uh, well, very basic. I suspect you
> could track inventory, especially if you have the option of using
> Classes.
> If your QB does not have this option, you could work around it by
> setting up
> separate accounts in the chart of accounts for each consignment seller.
>
> I hope this helps.
>
> Bonnie
>
> Bonnie D. Hellman, CPA in CO & PA
> Ouray, Colorado 81427
>
> As required by United States Treasury Regulations, you should be aware
> that
> this communication is not intended or written by the sender to be
> used, and
> it cannot be used, by any recipient for the purpose of avoiding penalties
> that may be imposed on the recipient under United States federal tax
> laws.
> ----- Original Message -----
> From: "Mayssan Shora Farra"
> To:
> Sent: Sunday, January 06, 2008 9:08 AM
> Subject: Quick books and consignment sales
>
>
>> Hello all;
>>
>> I sent this initially when Bonnie first posted her pot stirring tax
>> post.
>>
>> I really need some practical help here. My computer skills are a bit
>> limited, so if not Quickbook what kind of program would let me track and
>> apply consignment works sold and the different percentages? ( it does
>> have
>> to be reasonably priced or free as my volumes are still low)
>>
>> My original post was:
>>
>>
>> Hello Bonnie:
>>
>> I use Quick books simple start that came with my computer. It works
>> pretty
>> good for my purposes but I cannot figure how to make it do consignments
>> where I can apply one item at a time and then apply the extra 30/ 35/ 40
>> percent consignment fee that I pay to galleries.
>>
>> If I upgrade to a more complete quick books would it do that too? or is
>> there a way that I am not seeing now.
>>
>> Thanks for the help.
>>
>> Mayssan
>>
>> http://www.clayvillepottery.com
>>
>>
>> Any response is appreciated
>>
>> ______________________________________________________________________________
>>
>> Clayart members may send postings to: clayart@lsv.ceramics.org
>>
>> You may look at the archives for the list, post messages, or change your
>> subscription settings here: http://www.acers.org/cic/clayart/
>>
>> Moderator of the list is Mel Jacobson who may be reached at
>> melpots2@visi.com
>
> ______________________________________________________________________________
>
> Clayart members may send postings to: clayart@lsv.ceramics.org
>
> You may look at the archives for the list, post messages, or change your
> subscription settings here: http://www.acers.org/cic/clayart/
>
> Moderator of the list is Mel Jacobson who may be reached at
> melpots2@visi.com
>
>
Mayssan Shora Farra on sun 6 jan 08
Hello all;
I sent this initially when Bonnie first posted her pot stirring tax post.
I really need some practical help here. My computer skills are a bit
limited, so if not Quickbook what kind of program would let me track and
apply consignment works sold and the different percentages? ( it does have
to be reasonably priced or free as my volumes are still low)
My original post was:
Hello Bonnie:
I use Quick books simple start that came with my computer. It works pretty
good for my purposes but I cannot figure how to make it do consignments
where I can apply one item at a time and then apply the extra 30/ 35/ 40
percent consignment fee that I pay to galleries.
If I upgrade to a more complete quick books would it do that too? or is
there a way that I am not seeing now.
Thanks for the help.
Mayssan
http://www.clayvillepottery.com
Any response is appreciated
D. L. Engle on sun 6 jan 08
Hi Mayssan & everyone,
I also had a similar question. I'm looking for a program that I can use to
track the location and availability of inventory (sculptures) as they move
through various consignment venues, shows and exhibits. Is this a capability
of QuickBooks or is there another more appropriate choice? If you hear
anything about this would you please share the information. Thanks!
Debbie
D. L. Engle Sculpture
www.home.earthlink.net/~dlenglesculpture/
-----Original Message-----
From: Clayart [mailto:CLAYART@LSV.CERAMICS.ORG]On Behalf Of Mayssan
Shora Farra
Sent: Sunday, January 06, 2008 8:09 AM
To: CLAYART@LSV.CERAMICS.ORG
Subject: Quick books and consignment sales
Hello all;
I sent this initially when Bonnie first posted her pot stirring tax post.
I really need some practical help here. My computer skills are a bit
limited, so if not Quickbook what kind of program would let me track and
apply consignment works sold and the different percentages? ( it does have
to be reasonably priced or free as my volumes are still low)
My original post was:
Hello Bonnie:
I use Quick books simple start that came with my computer. It works pretty
good for my purposes but I cannot figure how to make it do consignments
where I can apply one item at a time and then apply the extra 30/ 35/ 40
percent consignment fee that I pay to galleries.
If I upgrade to a more complete quick books would it do that too? or is
there a way that I am not seeing now.
Thanks for the help.
Mayssan
http://www.clayvillepottery.com
Any response is appreciated
Bonnie Hellman on sun 6 jan 08
Hi Clayart Consigners,
This is going to sound a bit complicated for non-QuickBooks users. New QB
users will want to be looking at QB while reading this.
General disclaimer: QuickBooks has multiple ways of doing most bookkeeping
entries. I will discuss several, which doesn't mean there aren't other ways
of tracking consignments.
Having said this, IMHO QuickBooks is not really designed to track
consignments, although it can be done. If you make one of a kind pieces,
each one will need to be placed into inventory on the Balance Sheet. If you
make multiples, then you'll increase the quantity in inventory, although
you'll probably end up with a listing in inventory for each type of piece
you make at each of your consignment locations.
Because as an artist you have the option of expensing your supplies as you
purchase them, the finished products will be the ONLY inventory you have and
each piece will have a cost to you of $0.
I would probably indicate in the memo field the location of the piece, or if
I am using Classes in QB you could set up each consignment venue as a
different Class. This would mean that you will have to keep up with the
location of each piece if it moves around. The advantage of using Classes
where each Class is that you'll also be able to track your revenue from each
venue.
When you sell a piece, you'll record the revenue (possibly using the Class
you've assigned to that consignment location), put the proceeds into your
bank account. You will also move that sold piece out of inventory into cost
of goods sold. Remember that you've assigned a cost basis of $0 to that
piece, so what you are doing is removing it from inventory, putting into
sold pieces (cost of goods sold), all having no financial impact in QB. This
will enable you to track which pieces were sold at which location.
If Mayssan is looking to track the percentage of sales that she receives,
this is NOT something you'd do on QB. Financially speaking, you are only
receiving the net proceeds, and that's what goes into your financial
records.
I would probably keep a separate listing, and I'd use an Excel spreadsheet
(because I use spreadsheets a lot, and therefore find them easy to use).
Using a database to do the same would be another way to go. I'd have a
column for the description of each work, a column for the date it goes to a
consignment location, the name of that location, the price I expect to
receive for it, the date I receive payment, and a column for any other
information I wanted to track. As with all important computer data, I'd be
sure to back up this information regularly, and keep one backup off site.
I was not familiar with the QuickBooks that comes installed on computers for
free, so I went to the QB website, and compared products at:
http://quickbooks.intuit.com/product/accounting_software/product_comparison.jhtml?contextId=0000000000002000543
It looks like the very basis QB is, uh, well, very basic. I suspect you
could track inventory, especially if you have the option of using Classes.
If your QB does not have this option, you could work around it by setting up
separate accounts in the chart of accounts for each consignment seller.
I hope this helps.
Bonnie
Bonnie D. Hellman, CPA in CO & PA
Ouray, Colorado 81427
As required by United States Treasury Regulations, you should be aware that
this communication is not intended or written by the sender to be used, and
it cannot be used, by any recipient for the purpose of avoiding penalties
that may be imposed on the recipient under United States federal tax laws.
----- Original Message -----
From: "Mayssan Shora Farra"
To:
Sent: Sunday, January 06, 2008 9:08 AM
Subject: Quick books and consignment sales
> Hello all;
>
> I sent this initially when Bonnie first posted her pot stirring tax post.
>
> I really need some practical help here. My computer skills are a bit
> limited, so if not Quickbook what kind of program would let me track and
> apply consignment works sold and the different percentages? ( it does have
> to be reasonably priced or free as my volumes are still low)
>
> My original post was:
>
>
> Hello Bonnie:
>
> I use Quick books simple start that came with my computer. It works pretty
> good for my purposes but I cannot figure how to make it do consignments
> where I can apply one item at a time and then apply the extra 30/ 35/ 40
> percent consignment fee that I pay to galleries.
>
> If I upgrade to a more complete quick books would it do that too? or is
> there a way that I am not seeing now.
>
> Thanks for the help.
>
> Mayssan
>
> http://www.clayvillepottery.com
>
>
> Any response is appreciated
>
> ______________________________________________________________________________
> Clayart members may send postings to: clayart@lsv.ceramics.org
>
> You may look at the archives for the list, post messages, or change your
> subscription settings here: http://www.acers.org/cic/clayart/
>
> Moderator of the list is Mel Jacobson who may be reached at
> melpots2@visi.com
Jennifer Boyer on sun 6 jan 08
HI all,
Here is how I use Quickbooks(QB) to keep detailed info about the
items I sell. I have made several QB ITEMS that are discount items.
You can scroll through the item type menu to find discount. Then when
you enter the rate it becomes a discount rate. I have those named by
the discount so I can use it by typing it's name, like "45%" is 45%
consignment.
I have my pots listed as QB items and they are listed at full
retail. When I receive a payment I reproduce the invoice in QB if
it's a consignment sale. I subtotal the list and then enter the
discount that equals the gallery consignment rate.
For wholesale invoices that I bill to galleries the invoice has the
discount that is the wholesale rate. These rates are subtracted at
the end of the invoice item list so it looks like a "real" invoice to
the gallery, showing their discount at the bottom.
When I look at a profit and loss report the income section shows
gross sales (retail) but then subtracts all the wholesale and
consignment discounts(%"s) that apply.
I couldn't maintain a decent item list in QB without basing it on
the retail price. I'd have to manually enter different item prices
for each gallery. I like letting QB auto-enter all the item info for me.
I just looked at my discount list and I have about 7 different
discount rates for many different situations.
I like to print out sales reports at the end of each year tallying up
my sales of each item type and sorting it by best-to-worst sales.
Since I'm a production potter and sell a line of different items and
colors I can see which ones are doing well and which are bombing.
It's amazing what the figures tell me: I'm surprised every year how
my own gut instincts don't tell the true tale of what has been
selling.....
Take Care
Jennifer
PS sorry for the boring details for all you non QB users!
PPS I don't use QB for inventory control. Too much paperwork
already......
On Jan 6, 2008, at 4:40 PM, Bonnie Hellman wrote:
> If Mayssan is looking to track the percentage of sales that she
> receives,
> this is NOT something you'd do on QB. Financially speaking, you are
> only
> receiving the net proceeds, and that's what goes into your financial
> records.
*****************************
Jennifer Boyer
Thistle Hill Pottery
Montpelier, VT
http://thistlehillpottery.com
*****************************
Mayssan Shora Farra on sun 6 jan 08
Hello Bonnie and all of you computer and finance clayarters;
I do keep a separte spread sheet for the consignment, I was just hoping
there was a way to keep it all in one place, now I have to enter
everything in QB for the gallery then renter in the spread sheet but I
like how professional QB inventory looks and send that to the gallery.
My problem is when I get paid it is not the same price and in this basic
version there is no way to dictate how much I want to write off (since it
is always partial payments as things get sold), either nothing or all. so
really my question is if I updated to a better version would I have more
freedom to say what I want to write off? then I can actually do it all in
QB? the problem is I won't be able to know that till after I buy and was
hoping you or someone else could fill me in or is there someplace I can
check the software capabilities before buying?.
Thank you so much for all your help.
Mayssan
http://www.clayvillepottery.com
Mayssan Shora Farra on sun 6 jan 08
Hello Jennifer:
I should have read your answer before I asked again.
Thanks a lot. All is well for me now.
Mayssan
http://www.clayvillepottery.com
Bonnie Hellman on sun 6 jan 08
Hi Everyone,
I really like Jennifer's approach to inventory, but using the Items feature
of QuickBooks. I'd forgotten about that, so thanks for taking the time to
describe how it works, Jennifer. And other elegant thing about QB is the
ability to print invoices that look thoroughly professional. As with all
those nice features in QB, there is a learning curve, so I'd recommend that
beginners to QuickBooks not try to do everything on day 1. Master one
feature at a time.
Bonnie
Bonnie D. Hellman, CPA in CO & PA
Ouray, Colorado 81427
----- Original Message -----
From: "Jennifer Boyer"
To:
Sent: Sunday, January 06, 2008 3:51 PM
Subject: Re: Quick books and consignment sales
> HI all,
> Here is how I use Quickbooks(QB) to keep detailed info about the
> items I sell. I have made several QB ITEMS that are discount items.
> You can scroll through the item type menu to find discount. Then when
> you enter the rate it becomes a discount rate. I have those named by
> the discount so I can use it by typing it's name, like "45%" is 45%
> consignment.
>
> I have my pots listed as QB items and they are listed at full
> retail. When I receive a payment I reproduce the invoice in QB if
> it's a consignment sale. I subtotal the list and then enter the
> discount that equals the gallery consignment rate.
>
> For wholesale invoices that I bill to galleries the invoice has the
> discount that is the wholesale rate. These rates are subtracted at
> the end of the invoice item list so it looks like a "real" invoice to
> the gallery, showing their discount at the bottom.
>
> When I look at a profit and loss report the income section shows
> gross sales (retail) but then subtracts all the wholesale and
> consignment discounts(%"s) that apply.
>
> I couldn't maintain a decent item list in QB without basing it on
> the retail price. I'd have to manually enter different item prices
> for each gallery. I like letting QB auto-enter all the item info for me.
> I just looked at my discount list and I have about 7 different
> discount rates for many different situations.
>
> I like to print out sales reports at the end of each year tallying up
> my sales of each item type and sorting it by best-to-worst sales.
> Since I'm a production potter and sell a line of different items and
> colors I can see which ones are doing well and which are bombing.
> It's amazing what the figures tell me: I'm surprised every year how
> my own gut instincts don't tell the true tale of what has been
> selling.....
> Take Care
> Jennifer
> PS sorry for the boring details for all you non QB users!
>
> PPS I don't use QB for inventory control. Too much paperwork
> already......
>
> On Jan 6, 2008, at 4:40 PM, Bonnie Hellman wrote:
>
>> If Mayssan is looking to track the percentage of sales that she
>> receives,
>> this is NOT something you'd do on QB. Financially speaking, you are
>> only
>> receiving the net proceeds, and that's what goes into your financial
>> records.
>
> *****************************
> Jennifer Boyer
> Thistle Hill Pottery
> Montpelier, VT
> http://thistlehillpottery.com
> *****************************
>
> ______________________________________________________________________________
> Clayart members may send postings to: clayart@lsv.ceramics.org
>
> You may look at the archives for the list, post messages, or change your
> subscription settings here: http://www.acers.org/cic/clayart/
>
> Moderator of the list is Mel Jacobson who may be reached at
> melpots2@visi.com
Jennifer Boyer on mon 7 jan 08
One more thing about using an item called sales discount: Make sure
all your sales discounts are set up defining the ACCOUNT as "sales
discount". This is a field in the item window. If you don't it gets
put in the misc account and the gallery discount total gets listed in
your expenses. I made this mistake this year when I set up a new
consignment rate and couldn't figure out why my misc expenses were so
high! QB really is great, although the upgrades and tech support are
pretty spendy....
Jennifer
On Jan 6, 2008, at 6:44 PM, Bonnie Hellman wrote:
> Hi Everyone,
>
> I really like Jennifer's approach to inventory, but using the Items
> feature
> of QuickBooks. I'd forgotten about that, so thanks for taking the
> time to
> describe how it works, Jennifer. And other elegant thing about QB
> is the
> ability to print invoices that look thoroughly professional. As
> with all
> those nice features in QB, there is a learning curve, so I'd
> recommend that
> beginners to QuickBooks not try to do everything on day 1.
> Master one
> feature at a time.
>
> Bonnie
>
*****************************
Jennifer Boyer
Thistle Hill Pottery
Montpelier, VT
http://thistlehillpottery.com
*****************************
Bonnie Hellman on mon 7 jan 08
Hi QuickBooks Users,
I stand corrected in using QuickBooks to record consignments. I believe
Jennifer Boyer has figured it out, in a way that works for her and
apparently would work the way other clayarters want it to work. If you are
actively going to run your business with QuickBooks, using Items is an
excellent suggestion, using the full retail price of each Item, and
recording a "discount" when that item is sold through consignment. Your
other choice is to record the wholesale price and consignment price/s of
each Item, making it a new item.
My advice would be to pay attention to her comment about using an account
called Discounts. I would make this an Income account, so that the discounts
given reduce your income. In reality you were never going to receive the
full sales price when you sell via consignment, so it makes more sense to
look at the net income. Conceptually, I always think of the money not
received in consigning and wholesaling as those sales expenses rather than
discounts. However, each business makes its own decisions as to how to
sell and whether or not to record "discounts" just as each business chooses
what to call its expenses.
John, I do get periodic questionnaires about Intuit programs, and always
answer, but Intuit is a large company (growing ever larger with
acquisitions) and it takes more than one CPA's option to get them to change
anything on any program. I would think that everyone using their programs
should send them suggestions, because in the long run, I believe it's the
volume of emails they receive that might make a difference.
People who are just getting started using QuickBooks should find it
encouraging that you've been using the program successfully a long time.
Most of my clients use QuickBooks, and I've had bookkeepers switch from
other programs to QB because they found it easier to use for small
businesses (and these are people who know debits and credits and could use
any accounting program they wanted). I've used a variety of programs in my
25 years in accounting, and unless the business is not small or has unusual
situations or is required to use a specialized accounting program, I like
QuickBooks and recommend it.
Bonnie
Bonnie D. Hellman, CPA in CO & PA
Ouray, Colorado 81427
As required by United States Treasury Regulations, you should be aware that
this communication is not intended or written by the sender to be used, and
it cannot be used, by any recipient for the purpose of avoiding penalties
that may be imposed on the recipient under United States federal tax laws.
----- Original Message -----
From: "John Rodgers"
To:
Sent: Sunday, January 06, 2008 9:34 PM
Subject: Re: Quick books and consignment sales
> Bonnie,
>
> The interests, concerns, and needs of folks involved in this discussion
> is, I would bet, but the tip of the iceberg, so to speak, of
> a long list things that could be added to QB that we could all use in
> our accounting for our art business.
>
> I have used QB a long time, and always found Intuit to be a pretty
> progressive, forward thinking company. I would bet they would be
> responsive to suggestions from professionals like yourself that work on
> accounting with particular groups, like us Clayart folk.
>
> Do you see where some changes or additions to QB would be of particular
> benefit, and if so, would you be willing to contact Intuit about it??
>
> Thanks,
>
> John Rodgers
> Chelsea, AL
>
> Bonnie Hellman wrote:
>> Hi Clayart Consigners,
>>
>> This is going to sound a bit complicated for non-QuickBooks users. New QB
>> users will want to be looking at QB while reading this.
>>
>> General disclaimer: QuickBooks has multiple ways of doing most
>> bookkeeping
>> entries. I will discuss several, which doesn't mean there aren't other
>> ways
>> of tracking consignments.
>>
>> Having said this, IMHO QuickBooks is not really designed to track
>> consignments, although it can be done. If you make one of a kind pieces,
>> each one will need to be placed into inventory on the Balance Sheet.
>> If you
>> make multiples, then you'll increase the quantity in inventory, although
>> you'll probably end up with a listing in inventory for each type of piece
>> you make at each of your consignment locations.
>>
>> Because as an artist you have the option of expensing your supplies as
>> you
>> purchase them, the finished products will be the ONLY inventory you
>> have and
>> each piece will have a cost to you of $0.
>>
>> I would probably indicate in the memo field the location of the piece,
>> or if
>> I am using Classes in QB you could set up each consignment venue as a
>> different Class. This would mean that you will have to keep up with the
>> location of each piece if it moves around. The advantage of using Classes
>> where each Class is that you'll also be able to track your revenue
>> from each
>> venue.
>>
>> When you sell a piece, you'll record the revenue (possibly using the
>> Class
>> you've assigned to that consignment location), put the proceeds into your
>> bank account. You will also move that sold piece out of inventory into
>> cost
>> of goods sold. Remember that you've assigned a cost basis of $0 to that
>> piece, so what you are doing is removing it from inventory, putting into
>> sold pieces (cost of goods sold), all having no financial impact in
>> QB. This
>> will enable you to track which pieces were sold at which location.
>>
>> If Mayssan is looking to track the percentage of sales that she receives,
>> this is NOT something you'd do on QB. Financially speaking, you are only
>> receiving the net proceeds, and that's what goes into your financial
>> records.
>>
>> I would probably keep a separate listing, and I'd use an Excel
>> spreadsheet
>> (because I use spreadsheets a lot, and therefore find them easy to use).
>> Using a database to do the same would be another way to go. I'd have a
>> column for the description of each work, a column for the date it goes
>> to a
>> consignment location, the name of that location, the price I expect to
>> receive for it, the date I receive payment, and a column for any other
>> information I wanted to track. As with all important computer data,
>> I'd be
>> sure to back up this information regularly, and keep one backup off site.
>>
>> I was not familiar with the QuickBooks that comes installed on
>> computers for
>> free, so I went to the QB website, and compared products at:
>> http://quickbooks.intuit.com/product/accounting_software/product_comparison.jhtml?contextId=0000000000002000543
>>
>> It looks like the very basis QB is, uh, well, very basic. I suspect you
>> could track inventory, especially if you have the option of using
>> Classes.
>> If your QB does not have this option, you could work around it by
>> setting up
>> separate accounts in the chart of accounts for each consignment seller.
>>
>> I hope this helps.
>>
>> Bonnie
>>
>> Bonnie D. Hellman, CPA in CO & PA
>> Ouray, Colorado 81427
>>
>> As required by United States Treasury Regulations, you should be aware
>> that
>> this communication is not intended or written by the sender to be
>> used, and
>> it cannot be used, by any recipient for the purpose of avoiding penalties
>> that may be imposed on the recipient under United States federal tax
>> laws.
>> ----- Original Message -----
>> From: "Mayssan Shora Farra"
>> To:
>> Sent: Sunday, January 06, 2008 9:08 AM
>> Subject: Quick books and consignment sales
>>
>>
>>> Hello all;
>>>
>>> I sent this initially when Bonnie first posted her pot stirring tax
>>> post.
>>>
>>> I really need some practical help here. My computer skills are a bit
>>> limited, so if not Quickbook what kind of program would let me track and
>>> apply consignment works sold and the different percentages? ( it does
>>> have
>>> to be reasonably priced or free as my volumes are still low)
>>>
>>> My original post was:
>>>
>>>
>>> Hello Bonnie:
>>>
>>> I use Quick books simple start that came with my computer. It works
>>> pretty
>>> good for my purposes but I cannot figure how to make it do consignments
>>> where I can apply one item at a time and then apply the extra 30/ 35/ 40
>>> percent consignment fee that I pay to galleries.
>>>
>>> If I upgrade to a more complete quick books would it do that too? or is
>>> there a way that I am not seeing now.
>>>
>>> Thanks for the help.
>>>
>>> Mayssan
>>>
>>> http://www.clayvillepottery.com
>>>
>>>
>>> Any response is appreciated
>>>
>>> ______________________________________________________________________________
>>>
>>> Clayart members may send postings to: clayart@lsv.ceramics.org
>>>
>>> You may look at the archives for the list, post messages, or change your
>>> subscription settings here: http://www.acers.org/cic/clayart/
>>>
>>> Moderator of the list is Mel Jacobson who may be reached at
>>> melpots2@visi.com
>>
>> ______________________________________________________________________________
>>
>> Clayart members may send postings to: clayart@lsv.ceramics.org
>>
>> You may look at the archives for the list, post messages, or change your
>> subscription settings here: http://www.acers.org/cic/clayart/
>>
>> Moderator of the list is Mel Jacobson who may be reached at
>> melpots2@visi.com
>>
>>
>
> ______________________________________________________________________________
> Clayart members may send postings to: clayart@lsv.ceramics.org
>
> You may look at the archives for the list, post messages, or change your
> subscription settings here: http://www.acers.org/cic/clayart/
>
> Moderator of the list is Mel Jacobson who may be reached at
> melpots2@visi.com
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