Book keeping with multiple domains

[Redfox]

I'm a relative newbie to Internet Marketing and buying/selling websites, but not to IT or setting up businesses in general.

I read with fascination that many members own dozens (nay hundreds) of wesites. They have income from PPC, PPA, AS, subscriptions, etc., etc., etc. With all those forms of income spread over many, many websites I'm interested to know how you keep track of it all? (and I'm really hoping the answer is not 'Excel')!

Redfox

[grynge]

It is a lot of fun. I would say what program you use would depend on your accountant. Mine wants MYOB files.

But I also use different stuff for different parts of the business.
WHMCS to organise my domains and servers.
For revenues that I can put a hold on I do and usually have 1 payment a year. (This won't work for everyone but most tend to like to hold your money) There is some risk for this when certain companies fall over which has happened a lot in the years I have been online.
And yes I do use a custom built spreadsheet as I found it much easier to manipulate than the commercial accounting packages.

[Kay]

Custom built spreadsheets here too. The commercial accounting packages just didn't suit our business - it was easier to design our own spreadsheets.

[leadegroot]

I've just moved from a custom spreadsheet to MYOB - and I love it and wish I had changed over years ago

(and you've just inspired me to ask a related question! - http://experienced-people.net/forums...l-bookkeeping) )

[Redfox]

Thanks for your replies.

Anyone willing to share their spreadsheet layouts?

[Kay]

But they're custom-built - designed to fit our business. I doubt if they'd suit yours or anyone else's.

[Clinton]

With all those forms of income spread over many, many websites I'm interested to know how you keep track of it all?

I don't. I can't be bothered. I give my payroll to a payroll company (even though I have no employees any more) and I give my book-keeping to a book-keeper. So much for my undergrad degree being in accounting!

A webmaster has enough to do with domain renewals, hosting, managing sites, affiliate programs, traffic building and everything else!

[Redfox]

Right, but what do you give to your book keeper? I presume not your login details to your affiliate programs - how to you concentrate all of that infomation into a form that your book keeper can use? How do you manage it on a day-to-day basis?

[Clinton]

It is a pain. I do print out piles of receipts for hosting payments and mark stuff out in my creditcard bills and bank account with notes. He works off the payments coming in and raises invoices on the parties concerned (such as Adsense and Plimus).

I don't do anything on a day-to-day basis. I try to avoid doing anything web related on a day-to-day basis except perhaps checking these boards (which I don't do everyday anyway)