Software Company Setup Help Needed!

hello, I"m brand new to QB, but I've been trolling the newsgroups for a couple of days and I'm still confused on how to correctly setup a small software company in quickbooks (QB Pro 2006). Here are some of my problems.

  1. What item type ?? I wrote a piece of software from scratch. I have unlimited quantities of this item. I would like to track how many have sold. None of the item types seems to match this scenario.

  1. I sell my software directly from my website, and also through electronic software distributors (ESDs). The distributors will collect multiple sales for, say a month or a quarter, and then send me a lump sum with their commisions stripped off (a percentage). I don't know how to handle this exactly, since QB wants to invoice an individual customer (which I don't do), receive payment for an invoice (which i never send out), and then deposit that money into my account (which actually comes in lump sums for multiple sales). it appears I will have to create a fake invoice for each customer, which I'm ok with, but then how do I handle the distributor commisions ?? each distributor has a slightly different commision too (from 20% to 40%).

Any help on how to get started would be much appreciated. I've been pulling my hair out on this problem.

Thanks! Scott

Reply to
scottohanian
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Trolling is a poor choice of words.

Reply to
Allan Martin

agreed. i plead insanity, ...which is what it feels like after searching/reading posts for 2 full days.

Reply to
scottohanian

I suggest, as will many on this list, that you enlist the services of a QuickBooks accountant to set up your company and help you along the road of many pitfalls.

Reply to
Ron Anderson

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