I have a photography business, and I am having a hard time getting my head around Simply accounting. When I purchase paper and ink for printing, how do I make it relate to the packages sold to the client.. In other words if I sell an 11x14 on Luster I know all the materials that go into creating the print and I know the time it takes for me to do it so how do I put this into simply..
Jason
"JME" wrote
You probably don't need to expense it like that. When you buy your supplies (paper, ink, solution, albums, frames, etc) count them as an expense right then for the full amount. At year-end you can make an adjustment for the amount of supplies and "inventory" you have on hand.
My photography clients do not keep tons of albums and frames, or even office supplies, on hand at all times.
Thanks Paul, I am a good Picture taker, but really should pay someone to get my software setup, and do my end of year stuff.
Jason
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