/SW\ I N V E N T O R Y R E C O R D RECNO: 1 ABOUT: Purchase New Refrigerator RecNbr: HH014 Prev: na TANG: 1 OPR Name: HomeMaker Location: Kitchen Documents Filed in: D1,MajAp Quantity: 1 Line Item: Furnishing/Appliance Budget Item: Refrigerator Brand Name: FRIGIDAI Model Nbr: COOLER Part #: 9999999 Lot #: NA Size: 30 Style: upright Color: bronze GenHand: left Wt: 400 Length/Depth: 30 Width: 36 Height: 60 Dia: Matrl: steel+poly Date Manufactured: 01/01/1988 Warranty: 01/01/1993 Service Life: 15 PO/Chk #: 99999 DATE: 01/01/1980 Acquisition Cost: 1,000 Improvements: $ 0 Lease: $ 0 Operations: $ 0 Maintenance: $ 365 Insurance: $ 0 Property Recovery Period: 10 Depreciation System: A Depreciation Method: SL Liability Owed: $ 200 Equity Value: 500 Asset Market Value: 800 DATE SOLD: 01/01/1995 TO: ASBC CreditCard: Expires: SOLD FOR: 50.00 Tax: 3.00 Total: $ 47.00 BuyerPO: Profit: $ -950.00 ACCOUNT TYPE - PAID = P ; ACCOUNT RECEIVABLE = A ; RETURNED = R ; PERSONAL USE = U : P OLE BMP: (Copy / Paste ) OLE Spreadsheet: ( Copy / Paste or Insert as Icon ) +-------------------------------+ +------------------------------------------------+ | | | | | | | | | | | | | | | | +-------------------------------+ +------------------------------------------------+
You can use your InveLog report to summarize your data.
/SW\ I N V E N T O R Y L O G DATE: 12/29/1995 Page No. 1
DATE RecId BRAND BUDGET ITEM ACQCOST OMI BUD LIFE LIABILITY MARKETVAL EQUITY SOLD FOR DATE SOLD
=================================================================================================================
LINE ITEM: FURNISHINGS
01/01/1980 IH014 FRIGIDAI REFRIGERATOR 1,000 365 15 200 800 400 5 01/01/95
---------------------------------------------------------------------------------------------------------------
Line Item Totals: 1,000 200 800 400
=================================================================================================================
LINE ITEM: MANAGEMENT
01/01/1995 3 1 Workstation 35,000 12,000 7 9,999 75,000 65,001 0 / /
--------------------------------------------------------------------------------------------------------------
Line Item Totals: 35,000 12,000 9,999 75,000 65,001
==============================================================================================================
GRAND TOTALS: 36,000 12,365 10,199 75,800 65,401
You can use a filter of 'Tangible?' as '0' for your IRS Schedule D Capital Gains. Your Annualized Rate Of Return in percentage will be shown under the AROR% column.
/SW\ I N V E S L O G R E P O R T DATE: 12/29/95 PAGE 1
RecId: BUDGET ITEM BOUGHT SOLD HELD COST SOLDFOR GAIN AROR%
--------------------------------------------------------------------------------
IH014 SW STOCK 03/04/1994 09/01/1995 1.50 444 555 111 16.71
--------------------------------------------------------------------------------
TOTAL GAIN = 111
Since you have a system for managing your inventory for your home,
your personal property, and furnishings and equipment, you can also use it
for your small business. You can go another step and copy your empty Invntory database to create a sales inventory, such as SalesInv.
You can track your sales inventory and taxes for IRS reporting on Schedule C. You can enter the
'Account Type' code to group your items. In Phase 5, you'll see how this fits into a Small Business Model.
/SW\ S A L E S R E P O R T PAGE 1 DATE 05/23/1996
BUDGET ITEM: QUANTITY: PRICE: TAX: TOTAL: PROFIT:
=====================================================================
ACCOUNT TYPE: P
Refrigerator 1 50.00 3.00 47.00 0.00
---------------------------------------------------------------------
COUNT: 1 50.00 3.00 47.00 0.00
=====================================================================
ACCOUNT TYPE: R
Workstation 0 0.00 0.00 0.00 0.00
---------------------------------------------------------------------
COUNT: 1 0.00 0.00 0.00 0.00
=====================================================================
ACCOUNT TYPE: U
STOCK 0 555.00 0.00 0.00 0.00
---------------------------------------------------------------------
COUNT: 1 555.00 0.00 0.00 0.00
You can send statements to buyers with your Invoice report.
As well as property or products, you can also use the Invntory and Invoice for services rendered.
SCOTS NOTE: If you use MS Works, you can use your report or the INVOICE.WPS form letter.
/SW\
{ Customize with your letterhead }
To: ASBC Date: 01/01/1995 Record #:IH014
Please remit payment for the following item.
Item: Quantity: Price: Sales Tax: Total:
Refrigerator 1 115.43 8.02 123.45
Thank you.
/ / / o REC: IH0141 DATE:01/01/1995 / o REC#: IH014 DATE:01/01/1995 | LINITEM: HOUSE | Safety Analysis Systems Co. | SUBITEM: Refrigerator | HOUSE Refrigerator | BRAND: Frigidai | Price: $ 115.43 | |
Back to -> *Home