tag:blogger.com,1999:blog-9133489888936435050.post5500633090285507776..comments2024-03-12T18:52:31.920-04:00Comments on Write with Fey: Organization Tip: Expense and Earning Logs #AuthorToolBoxBlogHopChrys Feyhttp://www.blogger.com/profile/11955009490266358041noreply@blogger.comBlogger79125tag:blogger.com,1999:blog-9133489888936435050.post-5297706680714810332018-04-08T18:52:49.088-04:002018-04-08T18:52:49.088-04:00Spreadsheets are good. I don’t think I’m skilled i...Spreadsheets are good. I don’t think I’m skilled in creating those, but they sure can help with organization.Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-21355053171391377692018-04-03T16:54:29.983-04:002018-04-03T16:54:29.983-04:00Good post and tips. I simply keep a spreadsheet of...Good post and tips. I simply keep a spreadsheet of what I spend and earn. I keep my receipts in a shoebox. I too use Paypal; it's great. Toi Thomashttps://www.blogger.com/profile/07493934864387695248noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-32145350901399224032018-03-26T17:25:20.217-04:002018-03-26T17:25:20.217-04:00I like to think so. ;)I like to think so. ;)Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-69280965026975196232018-03-24T03:48:00.510-04:002018-03-24T03:48:00.510-04:00Looks like you have it all together, Chrys! Looks like you have it all together, Chrys! Cynthiahttps://www.blogger.com/profile/00912167351889969855noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-32931979599784427322018-03-23T19:04:26.173-04:002018-03-23T19:04:26.173-04:00Thanks, Jess! I'm sure there are other things ...Thanks, Jess! I'm sure there are other things you (and other writers) can add to that list depending on your needs. :)Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-90179863709152948552018-03-23T19:03:44.723-04:002018-03-23T19:03:44.723-04:00Absolutely. No rushing or stressing or hunting thi...Absolutely. No rushing or stressing or hunting things down. Or missing something!Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-23046759477217043422018-03-23T19:03:12.467-04:002018-03-23T19:03:12.467-04:00You're welcome. :)You're welcome. :)Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-73101251694632469312018-03-23T18:43:09.464-04:002018-03-23T18:43:09.464-04:00I really need to start keeping better track of the...I really need to start keeping better track of the things you mentioned. I love the idea of a binder by the computer. I think that will help me. I do a good job sometimes, but I need to really keep better track of my expenses. Thanks for this list. I will be printing it out! :) <br />~JessDMShttps://www.blogger.com/profile/04202502753961748992noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-21053046869228070322018-03-23T05:59:44.094-04:002018-03-23T05:59:44.094-04:00It's definitely a good idea to keep proper rec...It's definitely a good idea to keep proper records of all this stuff and not try to remember at the end of the tax year.Patsyhttps://www.blogger.com/profile/12263765378083045973noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-7618967337235317812018-03-22T19:12:07.484-04:002018-03-22T19:12:07.484-04:00Great tips Chrys! Thank you! Great tips Chrys! Thank you! Magic Love Crowhttps://www.blogger.com/profile/14133368208464734546noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-73321323366595466642018-03-22T18:11:41.375-04:002018-03-22T18:11:41.375-04:00An organization diva? I like that. ;)
Starting e...An organization diva? I like that. ;) <br /><br />Starting early is a good way to make a habit out of it. I don't get much earnings from writing/publishing, but you should add whatever earnings you get from publishing into your other income, because your total income could require you to file these earnings, too.Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-83326680788444087332018-03-22T18:08:26.056-04:002018-03-22T18:08:26.056-04:00Yes, I think the earning brackets for when you are...Yes, I think the earning brackets for when you are required to file taxes is different in the UK versus the US. I'm not actually at that stage myself, but I keep track of everything so I know my net earnings just in case.Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-79639665022118008262018-03-22T17:32:20.548-04:002018-03-22T17:32:20.548-04:00You are an organizational diva. Thanks for the gre...You are an organizational diva. Thanks for the great tips. I will probably start tracking this now in hopes that when I do have earnings I have already formed the habit of tracking expense. Thanks Chrys!E.M.A.Timarhttps://www.blogger.com/profile/17442803003506753574noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-13071220337075535312018-03-22T13:33:48.094-04:002018-03-22T13:33:48.094-04:00Dang girl. You're an inspiration!Dang girl. You're an inspiration!Loni Townsendhttps://www.blogger.com/profile/05126958230703180761noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-37318022322461859752018-03-22T09:14:46.940-04:002018-03-22T09:14:46.940-04:00I think it's different in the UK. We don't...I think it's different in the UK. We don't have to pay tax unless we're earning around 11K and over, and I think it's more if self employed. I've still exported to PDF for future. :) I would love to get to that stage once my studies finish. Shah Whartonhttps://www.blogger.com/profile/04997125261145672115noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-80813984832435346612018-03-21T22:34:55.825-04:002018-03-21T22:34:55.825-04:00Email receipts are useful.Email receipts are useful.Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-77280006932331632012018-03-21T21:27:26.907-04:002018-03-21T21:27:26.907-04:00Wherever possible I'd also try to conduct such...Wherever possible I'd also try to conduct such expenses with the option to be emailed the receipt. It's so easy to lose physical documentation, but if you can store the information digitally it's so much easier to stay organized, I find. Anonymoushttps://www.blogger.com/profile/08226752397928940360noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-69175116886303397512018-03-21T20:29:01.314-04:002018-03-21T20:29:01.314-04:00A great accountant is a plus. Have a great rest of...A great accountant is a plus. Have a great rest of the week to you, too!Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-9787422898440012162018-03-21T20:17:22.090-04:002018-03-21T20:17:22.090-04:00Thank you for the detailed list. I hadn't thou...Thank you for the detailed list. I hadn't thought of all of those expenses. I currently deduct my workshops, blog and computer expenses related to publishing, and inventory. I also have a great accountant who helps me a great deal. Have a great rest of your week Chrys :)Erika Beebehttps://www.blogger.com/profile/12899619461035583262noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-47454940001776359812018-03-21T18:53:39.511-04:002018-03-21T18:53:39.511-04:00Oh, pre-sorting receipts into categories is a grea...Oh, pre-sorting receipts into categories is a great idea. I wonder why I never thought of that. ;)Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-4302582609949803932018-03-21T18:52:07.621-04:002018-03-21T18:52:07.621-04:00Those are great tips. So many writers aren't a...Those are great tips. So many writers aren't aware of how much they can write off.<br /><br />When I'm organized, I keep my physical receipts in a plastic folder with compartments, so they're already pre-sorted into categories. I have online folders for those "virtual" receipts. Once I've figured out what I've earned and what I've spent, the entire mess goes to my accountant and she gets to deal with it from there. Lucky woman.J.H. Moncrieffhttps://www.blogger.com/profile/18045467689291025137noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-57607783897983547282018-03-21T17:51:45.988-04:002018-03-21T17:51:45.988-04:00I'm not very good with spreadsheets, but I kno...I'm not very good with spreadsheets, but I know so many people who are and use them to stay organized. Good for you! :)Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-91978235920884274942018-03-21T17:37:11.360-04:002018-03-21T17:37:11.360-04:00I'm barely making money through writing, but I...I'm barely making money through writing, but I do through editing. Either way, it's important to keep track of all expenses to know your net earnings as there are certain requirements for how much you earn (minus expenses) when you should file. And even the tiny bit you make is part of your earnings for the year.<br /><br />I'm not a tax pro. I think that depends on where you reside.Chrys Feyhttps://www.blogger.com/profile/11955009490266358041noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-64631795111913535102018-03-21T17:22:08.188-04:002018-03-21T17:22:08.188-04:00Excellent tips! I'm not quite to the point whe...Excellent tips! I'm not quite to the point where I can add writing expenses into my taxes, yet, but I will bookmark this post for the (hopefully near) future.<br /><br />Question: Do you have to have a business license before you can file taxes as a writer?J.J. Burryhttps://www.blogger.com/profile/14907682975315471487noreply@blogger.comtag:blogger.com,1999:blog-9133489888936435050.post-82293100426870398962018-03-21T16:47:50.598-04:002018-03-21T16:47:50.598-04:00I keep my taxes on a spreadsheet. Over the years i...I keep my taxes on a spreadsheet. Over the years it's evolved into something pretty complex as new earning opportunities and expenses have developed. I wouldn't be without it now. Anything where you record it as you go is much easier than figuring it out at the end of the year!Annalisa Crawfordhttps://www.blogger.com/profile/14943610814274794998noreply@blogger.com