How to make a merchant account That online stores should not be overlooked ❗

How to make a merchant account That online stores should not be overlooked ❗

If we talk about the summary of income and expenditure accounts, many new online merchants may think that this is a distant thing. It's not very important. It is not necessary to do it and waste time, but did you know that making a summary of the income and expenses accounts of online stores is something that should not be overlooked? Because making a merchant account will be very beneficial to our store. Even if your online store is a small one.

🔸 Why do you need a merchant account?

The reason why the merchant should make a summary of the income account Keep your expenses each month. There are many reasons. All of this is to maintain the interests of online merchants. First of all Summarizing the income and expenditure accounts It allows merchants to calculate all expenses incurred in that month. So that we can check later that we have lost money with what value. and what products can be sold to be analyzed and applied to the planning that spend or the preparation of stock in the following months

In addition We make a summary of the income account. retained expenses We can bring this list to be used in tax calculations. The online store has to pay each year as well. Remember to keep your tax invoice as evidence.

🔸 How to make a merchant account

For making a merchant account, I can tell you that it's very easy. Similar to how we summarize personal income and expenses. but must have the same content as specified by the Revenue Department and stores can add other content as appropriate of each store which the specified content with the following content

1. Day, month, year, write the date of receipt and payment.

2. List, enter details of the receipt and payment transactions that occur on a daily basis.

3. Income: Record the amount of money received by the shop, such as selling products, borrowing money, etc.

4. Expenses: Record the amount of money that the shop pays out each day, divided into expenses for purchases of goods and other expenses such as shipping costs. parcel box fees, etc.

5. Post monthly total It is a channel for collecting money each month at the end of the month. By including the money received and paid into this channel.

When all channels have been listed We will be able to summarize the income and expenses account that this month the shop has profit or loss how many baht. in order to plan expenses in the next month And can be used to show income in tax filing correctly as well. The shop must include the summary of the income and expenses account as above. Every month from January - December, submit personal income tax return with Form Por Ngor Dor 90 and half-year income from January - June, submit personal income tax return with Form Por Ngor Dor 94

When using a merchant account for tax filing, be sure to keep supporting documentation for expenses such as: bill, invoice, payment voucher and documents such as receipts, bank deposit slips, copies of bank statements Separated into monthly categories. for the convenience of tax filing.

🔸 Instructions for making a merchant account

In addition, I would like to leave a small advice. Less in making a summary of income and expenses from online sales. for all vendors to apply so that everyone's online business can grow efficiently.

🔸 Make a daily summary of income and expenses

Every merchant should keep a daily income and expense account of the merchant. make a habit The reason is because if we procrastinate keep writing back There may be a chance that various items Missed or made a mistake until the real result is unknown.

🔸 Write the list in detail and easy to understand.

If we write our income and expenses in a way that we only understand. When it's time to file income taxes May cause other people to not understand and bring to deduct the cost does not make you have to pay more taxes, sure enough. Therefore, it should be clearly stated in the box where the cost is from. how much money

🔸 Take a note of every account movement.

Many times, stores may mix the money they spend in the store with their personal expenses. which in fact is something that should not be done But in the event of a real emergency The store should have a detailed note on this section. in order to make the figures of income and expenditures meet the truth to prevent problems that will follow

🔸 Monthly Account Summary and Yearly Summary

As I said, when we make a summary of each month's income and expenses. We will be able to summarize the income and expenses account that this month the shop has profit or loss how many baht. in order to plan expenses in the next month Therefore, it is very important to summarize the income and expenses accounts every month. And when we do monthly account summary every month. We will be able to collect the list to make the yearly summary easier. including easy to file taxes

-------------------------------------------------------------------------------------

Details of online marketing services

>> https://www.chatstickmarket.com/langran

Examples of various brands that we take care of online marketing

>>https://www.chatstickmarket.com/portfolio

---------------------------------------------------------------------------------------

💙 Consult our team 💙

📱Tel : 0840104252 📱0947805680

Office Hotline : 034-900-165 , 02-297-0811 (Monday-Friday)

📨 Inbox : http://m.me/ChatStick.TH

┏━━━━━━━━━┓

📲 LINE: @chatstick