|
Post by michelle on Jul 12, 2020 13:27:58 GMT -6
Because I got fed up and said, “I’m sick of selling jewelry,” I totally disregarded keeping any records of bead costs. Now that I am getting set up to sell again, what do I do about the ton of beads I have with no idea what I paid for them? (Sometimes I’m an idiot!)
|
|
|
Post by DawninCal on Jul 12, 2020 14:46:13 GMT -6
I think this would be a question for your accountant. But, I would think you could set up a baseline inventory by pricing the beads you already have on an online site such as Fire Mountain or one of the others and coming up with a reasonable figure based on that info. Good luck! Dawn
|
|
|
Post by michelle on Jul 12, 2020 17:04:58 GMT -6
That’s kind of where my logic was headed. Thanks, Dawn!
|
|
|
Post by DawninCal on Jul 13, 2020 12:40:22 GMT -6
You're welcome! Dawn
|
|
|
Post by Irith-Rita on Sept 5, 2020 4:10:25 GMT -6
I used to have this problem too. Ever since I began to sell my jewelry I had to open an income tax file, which made me keep all the shop receipts where I buy the jewelry making stuff. But I still have tons of beads from before, the prices of which I have to keep checking on the internet, to know how to price my jewelry when I make a new listing.
|
|
|
Post by michelle on Sept 5, 2020 11:42:26 GMT -6
That’s what I’ve been doing too, Irith. Fortunately, I’ve ordered a lot of supplies through Etsy and can look those up, but other places, not so much.
|
|