What records do you keep of your collection?

Ian · 18th June 2019, 01:52 PM

Thanks Ken.

I have a similar approach to accounting for expenditures and sales. Because this information may be audited at some time (I've been audited twice by the IRS already), I put the tax accounting stuff into additional files and simply refer to the individual items by their alpha-numeric identifiers (e.g. AFR 1076; MSEA 1134; MISC 1081; etc.). No doubt there are many effective systems.

Ian

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18th June 2019, 01:52 PM	#3
Ian Vikingsword Staff Join Date: Dec 2004 Location: The Aussie Bush Posts: 4,523	Thanks Ken. I have a similar approach to accounting for expenditures and sales. Because this information may be audited at some time (I've been audited twice by the IRS already), I put the tax accounting stuff into additional files and simply refer to the individual items by their alpha-numeric identifiers (e.g. AFR 1076; MSEA 1134; MISC 1081; etc.). No doubt there are many effective systems. Ian