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Hi, my company is an ecommerce that takes Gross Merchandise Volume and our income is only a % of that. How can I account for GMV as non income cash flow ?

 
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QuickBooks Team

Hi, my company is an ecommerce that takes Gross Merchandise Volume and our income is only a % of that. How can I account for GMV as non income cash flow ?

Hi there,

 

Making sure you're recording your transactions the right way is a good exercise for preventing errors in your books. 

 

I recommend contacting an accounting professional to get more info on this. If you're not in contact with one, I encourage you to search for one on our website using this link here. Doing this will help prevent any future discrepancies. Let me know if you have other questions. I'm here to help.