| Discussion Forum: Thread 166140 |
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| | | Author: | ToriHada  | | Posted: | Feb 22, 2014 16:48 | | Subject: | Inventory Cost: Beginning & Year End Totals | | Viewed: | 161 times | | Topic: | Suggestions | | Status: | Open | | Vote: | [Yes|No] | |
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| Another request to make bookkeeping and tax filing easier. Please automatically
save total inventory cost figures as of 12:00:01 a.m. on January 1st and 11:59:59
p.m. as of December 31st for each year (or a different tax year for those who
don't use the calendar year basis). Proper reporting, calculation and payment
of taxes often requires a determination of one's tax-year starting and ending
totals for cost of inventory. Unfortunately, as new orders come in, these totals
are changed and lost, making it difficult to go back and calculate the cost at
the required starting and ending points.
So, on this page here:
http://www.bricklink.com/inventory.asp
please just add another line or two that saves/freezes the starting and ending
totals.
Thor
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| | | | | Author: | bb186511 | | Posted: | Feb 22, 2014 16:52 | | Subject: | Re: Inventory Cost: Beginning & Year End Totals | | Viewed: | 46 times | | Topic: | Suggestions | |
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| In Suggestions, fosterbengoshi writes:
| | Another request to make bookkeeping and tax filing easier. Please automatically
save total inventory cost figures as of 12:00:01 a.m. on January 1st and 11:59:59
p.m. as of December 31st for each year (or a different tax year for those who
don't use the calendar year basis). Proper reporting, calculation and payment
of taxes often requires a determination of one's tax-year starting and ending
totals for cost of inventory. Unfortunately, as new orders come in, these totals
are changed and lost, making it difficult to go back and calculate the cost at
the required starting and ending points.
So, on this page here:
http://www.bricklink.com/inventory.asp
please just add another line or two that saves/freezes the starting and ending
totals.
Thor
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Plus 1! Great idea.
Gary
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| | | | | Author: | atrbricks | | Posted: | Feb 22, 2014 17:46 | | Subject: | Re: Inventory Cost: Beginning & Year End Totals | | Viewed: | 39 times | | Topic: | Suggestions | |
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| In Suggestions, fosterbengoshi writes:
| | Another request to make bookkeeping and tax filing easier. Please automatically
save total inventory cost figures as of 12:00:01 a.m. on January 1st and 11:59:59
p.m. as of December 31st for each year (or a different tax year for those who
don't use the calendar year basis). Proper reporting, calculation and payment
of taxes often requires a determination of one's tax-year starting and ending
totals for cost of inventory. Unfortunately, as new orders come in, these totals
are changed and lost, making it difficult to go back and calculate the cost at
the required starting and ending points.
So, on this page here:
http://www.bricklink.com/inventory.asp
please just add another line or two that saves/freezes the starting and ending
totals.
Thor
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Voted Yes!
Katie
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| | | | | Author: | Rolf | | Posted: | Feb 22, 2014 19:53 | | Subject: | Re: Inventory Cost: Beginning & Year End Totals | | Viewed: | 30 times | | Topic: | Suggestions | |
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| In Suggestions, fosterbengoshi writes:
| | Another request to make bookkeeping and tax filing easier. Please automatically
save total inventory cost figures as of 12:00:01 a.m. on January 1st and 11:59:59
p.m. as of December 31st for each year (or a different tax year for those who
don't use the calendar year basis). Proper reporting, calculation and payment
of taxes often requires a determination of one's tax-year starting and ending
totals for cost of inventory. Unfortunately, as new orders come in, these totals
are changed and lost, making it difficult to go back and calculate the cost at
the required starting and ending points.
So, on this page here:
http://www.bricklink.com/inventory.asp
please just add another line or two that saves/freezes the starting and ending
totals.
Thor
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Voted yes. I don't really need this at this point, but if I ever get there,
I would need it.
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| | | | | Author: | ToriHada | | Posted: | Mar 14, 2014 23:28 | | Subject: | Re: Inventory Cost: Beginning & Year End Totals | | Viewed: | 44 times | | Topic: | Suggestions | |
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| In Suggestions, fosterbengoshi writes:
| | Another request to make bookkeeping and tax filing easier. Please automatically
save total inventory cost figures as of 12:00:01 a.m. on January 1st and 11:59:59
p.m. as of December 31st for each year (or a different tax year for those who
don't use the calendar year basis). Proper reporting, calculation and payment
of taxes often requires a determination of one's tax-year starting and ending
totals for cost of inventory. Unfortunately, as new orders come in, these totals
are changed and lost, making it difficult to go back and calculate the cost at
the required starting and ending points.
So, on this page here:
http://www.bricklink.com/inventory.asp
please just add another line or two that saves/freezes the starting and ending
totals.
Thor
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Ideally, I would like it even better if BL could provide a DAILY total cost of
one's inventory and save these daily totals somewhere. For example, on this
page:
http://www.bricklink.com/inventory.asp
where it says "My inventory total cost:", perhaps BL could provide a link to
a page where the daily totals are kept. The seller would choose a time when the
total cost would be calculated and reported. If not daily, I would like to have
this at least monthly. This will help not only with taxes, but for monitoring
and graphing user specific selling and spending trends.
Thor
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USA, North Carolina
