How Do You Keep Track of Your Finances?

[babywings76]

Right now I submit my shows using the PC credit card. I also use it to make all my PC related purchases: supply orders, postage, business supplies, samples orders, etc. I'm having a hard time though keeping it all straight as I pay it off. I want to be able to see that the funds available in my bank were spent to pay off the shows, and then be able to see the rest of the expenses and see if my paychecks are reimbursing me for the other expenses. At some point I need to see if I've made a profit so I can "pay" myself. I can't seem to keep it all straight. Do you have a spread sheet that you use to keep track of everything? Is there a way to do it using P3?

 

[babywings76]

bumping for the morning...I wrote this way too late last night, when I was tired, so I hope it made sense.

 

[wadesgirl]

I just keep track of a check registry. That's all.

 

[Humble Beginnings]

I keep track in PP3. Under each show I show expense for sending host packet, ingrediants if I'm purchasing, postage for thank you cards. If I purchase supplies I add that as an expense too and when I get paid I add as income. It generates a nice report for me to show if I'm making a profit and as of right now I am

 

[mrssyvo]

I am blessed, My DH is an accountant- and he takes care of ALL OF IT!!! I do not have to give another thought to it, except to mark reciepts with a "B" and give him addresses of shows, etc. He does all the rest. Honestly, I do not think I could do this business if I was not married to him.

 

[DebbieJ]

I use Microsoft Money

 

[twinkie10]

I deposit each show under it's own name and not as a whole lump deposit (several shows) at the end of the week. As for expenses... I log each business expense and keep a running tally so I know how much I've spent that month. Then when the bill and my paycheck comes I take my checkbook balance minus show expenses minus business expenses and that is my profit! Hope that makes sense.