Need Advice On Accounting For PayPal Sales
I need some advice now that I am starting to make some sales via PayPal. The rate of sales will pick up significantly in the near future.
I am doing my own accounting using Quick Books for Mac. I have been logging each PayPal transaction to keep my account reconciled with my bank account.
Soon this is going to become a laborious job if I have to continue to log each transaction.
What do some of you do to deal with the accounting aspect of PayPal transactions?
Since most other affiliate programs payout less frequently, they are not much of an issue but if I have to start accounting 10-20 sales a day that is going to be a full time job in itself.
Any advice?
Thanks,
Peter
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