Apologies as I’m sure this is a simple or has been asked many times before but I’m new to quickbooks.
So eBay hypothetically..eBay transaction/payout is £200.
how do I adjust this in quickbooks as currently that’s £200 in sales but that’s not all profit. I need to take the cost of those products out of that and also packaging to find the true profit amount.
It's 200 quid business revenue, then any costs incurred should be picked up through your purchases as expenses. Ebay charges may be deducted already from your payout, so unless you want to go to a lot of faff, just process the final total. Any postage charges would normally be charges through Paypal (well, mine are) so postage is picked up as an expense that way.
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