mnq925

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  1. Hi Sander, Going to answer in English, hope that's ok :) I'm planning to open an Etsy shop for digital products as well! My plan to deal with the challenge you described is the following: e.g. sell 100 eur, fees 20 eur, but etsy bank deposit of only 70 eur instead of 80 - register the full revenue of 100 eur as: debit accounts receivable, credit revenues - register the 20 eur fees as: credit accounts payable, debit expenses - register the 70 eur cash payment that Etsy processed as: 70 debit cash, 20 debit accounts payable, 90 credit accounts receivable So at the end of the month you'll have: Assets = 80: Cash 70 Accounts Receivable 10 Liabilities = 0: Accounts Payable 0 Equity = 80 (Profit & Loss Result): Revenues 100 Expenses -20 Hope this helps, Monica (for context: I am not a chartered accountant, but I have an educational background in the field, and work in management accounting for a large corporate firm)
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