Fashion Consultant Bookkeeping Hi. So i became an independent fashion consultant sole proprietor this year. I've repeatedly tried to get local tax help but haven't found anyone that's interested. So here I am.
The business I have requires that I use a proprietary billing system that is not that robust for anything other than billing. Early on, I also signed up for quickbooks online and was entering every transaction from the billing system into QBO. In the last few months, i'm doing exponentially more transactions monthly than I was previously and it's become unmanageable to try to do double entries for everything I sell.
Do i need to be doing the double entries or is there an easier way that is acceptable to the IRS? I guess the ultimate goal is to track the amount I see and the cost of the those goods. I like QBO but it's only a reporting tool for me at this point.
Any feedback would be greatly appreciated. |