Search the Community
Showing results for tags 'purchase order'.
Hi - I'm using EA on a Mac. I have written a book (yay!), and I have a Print on Demand (POD) company fulfill the sales from distributors and bookstores. Each month, they deposit the (very modest) net sales in my bank account. My problem: I would like to set something up so I can show: 1) Qty sold 2) Gross Sales amount 3) The printing charges they take out of the gross sales as an expense. I used to be able to do this part in Quicken by setting up a multi-account posting with the printing charges as an expense against sales, except of course I was never able to track quantities other than manually making notes. I don't seem to be able to set up a purchase order or sales order or invoice properly to do this. Example: Sold 16 books in October. Gross Sales = $181.92 Printing Charges = $87.68 Net Deposit = $94.24 The printing charges are always $5.48 per book. I could go ahead and make that the COGS for the item, but it won't balance for the net deposit. I have tried: - Creating an item for the printing charges, but EA won't let me put in a negative quantity (which makes me worry about returns, as occasionally happens). - Doing a percentage discount - that started an interesting chain of problems, resulting in me having to delete everything including the items for the book. I think I'm looking at 3 separate manual journal entries: 1 for gross sales, 1 for printing charges, 1 for net deposit. However, once again, I don't get quantity tracking that way.