Social - Southern Mom Flair

Vicki McCay

We answer questions about sales tax, business expense deductions, payroll tax payments, QuickBooks, and many more.

QuickBooks for Amazon Sellers https://southernmomflair.com/amazon-sellers-guide-to-quickbooks

QuickBooks for Beginners https://southernmomflair.com/entrepreneur

Private Label Scenario https://southernmomflair.com/private-label-scenario-qb-pc

Bucket Accounting for Amazon Sellers https://southernmomflair.com/home-bucket-accounting-for-amazon-sellers

Catch-Up Accounting for Amazon Sellers. https://southernmomflair.com/home-catch-up-accounting-for-amazon-sellers

Ultimate OA Sourcing Spreadsheet. https://southernmomflair.com/ultimate-oa-sourcing-spreadsheet

Ultimate RA Receipt Calculator https://southernmomflair.com/ultimate-ra-receipt-calculator

1099-K Reconciliation Service. https://southernmomflair.com/amazon-sellers-1099k-reconciliation-service

Opt-in for Freebie – Year-End Checklist. https://wp.me/P8X4lL-TFN

Self-Employment Tax https://www.irs.gov/businesses/small-businesses-self-employed/self-employment-tax-social-security-and-medicare-taxes

Independent Contractors https://www.irs.gov/pub/irs-pdf/fw9.pdf

EFTPS. https://www.irs.gov/payments/eftps-the-electronic-federal-tax-payment-system

Self-Employed Tax Center. https://www.irs.gov/businesses/small-businesses-self-employed/self-employed-individuals-tax-center

QB Desktop Pro PC https://amzn.to/3laBnit
or Mac. https://amzn.to/3paaVbo software download – one-time purchase
QB Desktop Plus PC annual subscription. https://amzn.to/2I5RYpD

Schedule C. https://www.irs.gov/pub/irs-pdf/f1040sc.pdf

Line by line instructions for Schedule C. https://www.irs.gov/instructions/i1040sc

MileIQ. https://mileiq.com/

Schedule 1. https://www.irs.gov/pub/irs-pdf/f1040s1.pdf

https://www.irs.gov/pub/irs-pdf/p334.pdf

Amazon Sellers eCommerce Year-End Accounting and Tax | Free Webinar QuickBooks Inventory Lab

YouTube Video UCNtkyjWkHwDEQ-yTVw1cOUw_dQP7aTu9jSw

Homeschool reports can be so hard to complete when you have to search high and low for information. I created an All-In-One Homeschool Planner and GradeBook for Excel. It is crammed full of stuff, but the best part is how easy it is to get grades for reporting. Oh, and the attendance days and hours feature is pretty awesome too. Check it out if you need a real solution fast. https://wp.me/P8X4lL-TDU

https://southernmomflair.com/all-in-one-homeschool-planner-and-grade-book/

All-In-One Homeschool Planner and Grade Book for Elementary Through High School with Credits Excel

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Recently Jess Hill and I sat down for a live call to discuss my new Ultimate OA Sourcing Spreadsheet. The spreadsheet is available in Excel and Google Sheets. It comes in a Full version and a Lite version. Obviously, the Full version has all the bells and whistles. 🙂 If you are doing online arbitrage, you need to know your expected profit before you purchase inventory. Please don't buy based on emotions or other people's goals. This spreadsheet helps you see your goals in traffic light fashion. (Red, Yellow and Green color coding). If you use custom seller SKU in your listings, you will love the builder in this spreadsheet. There are too many features to mention in this post. Watch the video and see what all the buzz is about. Be sure to go to the website to read more and purchase. No course required.

https://southernmomflair.com/ultimate-oa-sourcing-spreadsheet/

The freebie offer expires 8/14/20 at midnight.

Quickbooks for Amazon Sellers Course:https://southernmomflair.com/amazon-sellers-guide-to-quickbooks/

If you are looking to add e-commerce revenue streams to your business, you can't go wrong with Ecommerce Empowerment Mastermind. For a limited time, Jess and Gabriela have issued me an affiliate link to offer $100 off the lifetime membership. Check out all the great resources offered in the group. https://www.ecommerceempowerment.com/vickimccaypage1

Ultimate OA Sourcing Spreadsheet for Amazon and Other Ecommerce | Vicki McCay and Jess Hill

YouTube Video UCNtkyjWkHwDEQ-yTVw1cOUw_bfJc52aGges

Implementing Profit First into QuickBooks for Amazon Sellers is really easy, but not at first glance. The video here is a snip-it of a full course on the subject. The course is called Bucket Accounting for Amazon Sellers (an add-on to our popular course Amazon Sellers Guide to QuickBooks).

You can find the full courses at:
https://southernmomflair.com/amazon-sellers-guide-to-quickbooks/
https://southernmomflair.com/home-bucket-accounting-for-amazon-sellers/

If you are way behind in your sales accounting for Amazon, you may be interested in our Excel-based course. https://southernmomflair.com/home-catch-up-accounting-for-amazon-sellers/

Our QuickBooks for Beginners course is also available. It is applicable to middle school and up. Adults love it as much as the teens do. There are puzzles, worksheets, quizzes, accounting vocabulary, and 14 video lessons. https://southernmomflair.com/young-entreprene…use-quickbooks-2/

How To Implement Profit First Into QuickBooks For Amazon Seller Accounting

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This is the Introduction video for an online course for Amazon FBA and Merchant Fulfilled sellers. The full course with Excel workbook template is available at https://southernmomflair.com/home-catch-up-accounting-for-amazon-sellers/

This is a good starting point for sellers, who wish to convert to QuickBooks or other accounting software, but need to get numbers ready for end-of-year taxes.

If you are also looking for QuickBooks course for Amazon Sellers, check out https://southernmomflair.com/amazon-sellers-guide-quickbooks-pro-2/ PC version. Watch for Mac version to be released soon.

Catch Up Accounting for Amazon Sellers Excel Workbook Course

YouTube Video UCNtkyjWkHwDEQ-yTVw1cOUw_Bp6__VJQ3qs

UPDATED COURSE AVAILABLE AT: https://southernmomflair.com/amazon-sellers-guide-to-quickbooks/ for more information on the course. for more information on the course.

This video will help explain how to reconcile the Balance Sheet account - Inventory Asset and the Inventory Valuation Report in Quickbooks Pro Desktop.

Whether you reconcile your Inventory Asset account to Inventory Valuation report monthly or annually, it is an important and often confusing process in QuickBooks. We will break it down in this lesson starting with how to find Help information with suggestions on possible causes of discrepancy to making adjustments to correct the figures so you can balance.

Being an Amazon FBA Seller myself, I know your struggles. Enjoy this free lesson from my online course Amazon Sellers Guide to Quickbooks Pro Desktop.

Visit: https://southernmomflair.com/amazon-sellers-guide-quickbooks-pro-2 for more information on the course.

Get ready for 2019 tax year now! No more digging through mounds of paperwork. I'll even show you how to save all those receipts right in you QuickBooks Pro software, matching it to the exact expense voucher.

When I started out on this road to independence, I had no idea how to accomplish all that lay ahead of me. I knew how to use QuickBooks, but Amazon is its own animal. So, I set out to tame the thing. The next few weeks and months led me to discover I needed to expand my knowledge of QuickBooks as I learned the workings of being an Amazon FBA seller.

I won't lie and say it all came easily. Even with almost two decades of experience with QuickBooks Pro, I realized the functions I was using was only the tip of the iceberg considering all it can actually do.

I did not realize there was an inventory or sales tax payable function. Seems strange to me now, but Intuit is good at hiding lesser used functions. Lots of users just take advantage of the checkbook and invoices.

Let's just say, "You're on the right track checking out this course."

I immediately ran into the issues of keeping up with inventory, paying sales tax, creating invoices for Amazon sales while keeping up with where the items were sold. Amazon doesn't make that the easiest thing in the world to track! If you have tried to post any Amazon payment statements, you have a pretty good idea they are complicated, to say the least.

If you are trying to figure out how to create invoices for Amazon, I have a neat trick to show you that will help in so many ways.

I will show you how to track customers by name and shipping address for use in reports of all kinds.

You will be able to post the sale once, while tracking Accounts Receivable and Inventory, along with with Cost of Sales, including all those selling fees!
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Splitting sales tax among many different taxing agencies is easy with this setup, as well.

Keeping up with Amazon is one thing, but we will also touch on Ebay and other online sales. Yes, it is also good for Etsy too.

UPDATED COURSE AVAILABLE AT: https://southernmomflair.com/amazon-sellers-guide-to-quickbooks/ for more information on the course. for more information on the course.

What people are saying:

If you need to know how to set up your QuickBooks the right way for Amazon Selling, I highly recommend Vicki's video classes before you make a mess of things. Thanks for the great video series, Vicki. - Tye T.

I recently started a new business as an Amazon FBA seller. I knew I wanted to use Quickbooks to keep track of the financial end, but I had no idea how to set it up for such a unique online business model. I searched online for help and found just the right course that I could take at home - Amazon Sellers Guide to QuickBooks Pro! The course addresses Amazon seller needs, is very affordable, and I was able to proceed at my own speed. Within a few days, I had Quickbooks and up and running. Deb B. - Melbourne, FL

Inventory Asset vs Inventory Valuation In Quickbooks Pro Desktop

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I have to tell you, I was skeptical about ordering fresh groceries from Walmart. However, I was pleasantly surprised with the quality and service we received last week when I ordered produce, cold and frozen items. The produce was perfect and that is saying a lot because I am really picky about my fresh veggies! The cold and frozen items were still cold and frozen. The best part was I did my shopping from home, set my store and appointment time that fit my husband's leaving work time and he stopped by Walmart on the way home. All he did was check-in on his app to let them know he was on the way. When he arrived, he looked for the orange pick-up signs. Parked in designated spot and waited. They brought the groceries out and loaded them in the car. No tipping. No waiting in the checkout. No carts with wobbly wheels. No congested aisles. Just pull up and load up. Love it. Oh, I had a $10 coupon to try it so that was another win. Use the link below and you can save $10 too. Give it a try. http://r.wmt.co/i6Z1Y

Walmart Grocery Pickup With Fresh Produce And Deli Meat

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We have all been there...we have a PDF that needs to be edited. In the past, all we could do is buy an expensive software package or retype the entire thing. Then along comes this handy app! In just a few short moments, you'll be a pro at making fillable PDF.

Join us in our little corner of the world at https://southernmomflair.com for more handy tips and online courses.

Our flagship course is dedicated to Amazon FBA sellers, who use QuickBooks Pro Desktop. Go straight to that page https://southernmomflair.com/amazon-sellers-guide-to-quickbooks-pro-desktop/

Be sure to Subscribe to our channel for updates.

How To Made Editable PDF In DocHub

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We have all been there...we have a PDF that needs to be edited. In the past, all we could do is buy an expensive software package or retype the entire thing. Then along comes this handy app! In just a few short moments, you'll be a pro at making fillable PDF.

Save the document to Google Drive. Then open your document in Drive. There should be a drop-down Open With. Choose Doc Hub - PDF Sign and Edit from the drop-down. If you don't see Doc Hub, you may need to connect the free app. (Choose Connect More Apps) To save as pdf, choose Download /Export in the top right-hand corner. (Downward arrow) Computer is the default. If that is where you want to download, just click the big blue button to download and save as a pdf on your computer. If you need to change the location for the download you can choose that location. Then click the big blue button Download and save as pdf.

Join us in our little corner of the world at https://southernmomflair.com for more handy tips and online courses.

Our flagship course is dedicated to Amazon FBA sellers, who use QuickBooks Pro Desktop. Go straight to that page https://southernmomflair.com/amazon-sellers-guide-to-quickbooks/

Be sure to Subscribe to our channel for updates.

How To Make Fillable PDF For Free Using Google Drive and DocHub

YouTube Video UCNtkyjWkHwDEQ-yTVw1cOUw_36BkeKz6fUk

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