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The video has no sound: the captions on screen explain each step, and every step is written out below with a picture.
- 1
Profit and loss
Open Profit under Money and set From and To. Profit and loss goes from Sales to Net sales, What the goods cost, Gross profit, your expenses and gateway fees, down to Net profit — with a month-by-month table below.
Excel downloads the statement.
- 2
Which products make money
By product lists the margin on each product. A product with no cost shows cost not recorded; one under 15% margin is flagged.
- 3
Cash and accounts
Cash and accounts keeps your bank accounts and cash drawer. New account adds one; Record money by hand adds money in or out that did not come through an order; Today’s cash book shows the day.
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