The following sections will help guide you through closing out your business for year-end tax purposes and then give you a jump start on the new year to help manage your inventory, create sales event promotions, and target specific customers.
Sections:
Wrapping Up Year-End for Tax Purposes
Discounts, Bundling Products, & Sales Events
Wrapping Up Year-End for Tax Purposes
Year-End Guide & Checklist
- Print Inventory & Make Inventory Adjustments (Time-sensitive! Must be finished before entering any sales or inventory orders for the new year).
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Gross Receipts (Sales)
- Personal Use
- Demos, Donations, or Expired/Product Loss - Year-End: Product Purchases (Inventory Orders)
- Year-End: Expenses