Reports
The bigger picture: what sold each week, sizes, discounts, shipping, taxes and commission.
Money in, 2020
Item sales (before discounts)185 orders$10,010.00
Discounts given−$219.00
Net sales$9,791.00
Boutique$9,791.00
Shipping charged to customers$849.00
Sales tax collectedOwed to the state, not income$0.00
Total collected$10,640.00
Money out and profit, 2020
Paid to suppliers for items0 supplier orders$0.00
Paid to suppliers for shipping$0.00
Profit on sales$4,521.31
A summary to hand your accountant along with the spreadsheet. It doesn't include other business costs (fees, supplies, mileage).