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Sellers on BHW Marketplace, how do you track your income?

Discussion in 'BlackHat Lounge' started by freckletone, Dec 27, 2016.

  1. freckletone

    freckletone Jr. VIP Jr. VIP

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    How do you track your income and expenses and paypal fees etc for tax purposes?

    Is there an accounting software that's user friendly that can import all income and expenses from Paypal?
     
  2. nikchaing

    nikchaing Jr. VIP Jr. VIP UnGagged Attendee

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    you can sync paypal with quickbooks
     
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  3. freckletone

    freckletone Jr. VIP Jr. VIP

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    Problem is that I use Payapl for business and personal so it's all mixed in. Do you have to go in and manually separate the business expenses from personal?
     
  4. Ste Fishkin

    Ste Fishkin BANNED BANNED Jr. VIP

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    Get a business account ASAP.

    Most of the people who have money frozen by PayPal are using regular accounts for business use, they then cry and start a thread wondering why PayPal is being mean to them.
     
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  5. mynameisfrankenstein

    mynameisfrankenstein Regular Member

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    Interesting, is it really that simple?
     
  6. Heisenberg

    Heisenberg Jr. VIP Jr. VIP

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    You can just edit your personal account into a business one, takes like 10 seconds and saves you from a lot of problems.
     
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  7. RuthSam

    RuthSam Jr. VIP Jr. VIP Premium Member

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    Is quickbook primary for US business or can it handle all countries?
     
  8. asap1

    asap1 BANNED BANNED

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    This is true but Paypal still limited my business account.

    Fuck Paypal.
     
  9. Heisenberg

    Heisenberg Jr. VIP Jr. VIP

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    I feel you, had account for a while and even had this shit come up before but requirement was 10 transactions and 100$, now its 10, $500 and 60 days QQ
    [​IMG]
     
  10. elavmunretea

    elavmunretea Elite Member

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    Same thing happened to me on one of my accounts. Wanted 10 payments when I had 250+
     
  11. Sristy

    Sristy Jr. VIP Jr. VIP Premium Member

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    Yes, it is.
     
  12. LJ Junior

    LJ Junior Regular Member

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    It is high time to adopt to something like Bitcoin. All big players like Paypal are afraid of what BTC can do to their business. It actually works if you start offering discounts on BTC transactions. Paypal really hurts pretty bad when you scale your projects to few thousand dollars(day-in and day-out).

    Already talked about this once today on some other thread... https://bitpay.com/pricing
     
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