I dabble in a little creative writing when I'm not working at my full-time job. I'm wanting to take my writing to the next level, but I'm looking for some direction. Does anyone on Proformative have experience working within the publishing industry, irrespective of big, small, or indie publishing? I'm curious as to what
Accounting for a small press or indie publishing
Answers
Chris,
If you are self publishing, then any accounting system will do (simple inventory). If you get a publisher, again any accounting system will do (they will send you royalty statements).
Believe it or not, publishing (like most) is a very simple business.
Wayne
War Stories - Enterprise System Implementation Wars
https://www.proformative.com/
You can use any simple accounting application - cloud or sitting on your computer - for your own operation. Providing a service to others will likely be aided by the ability to transfer files electronically to/from you. QuickBooks has such a capability in the
Chris,
You might check out Xero - it's a pretty intuitive/user friendly cloud-based accounting system. It has some nice features for freelancers (like Xero Taxtouch which is an app to help freelancers track expenses). It also has an extensive library of add-ons which allow you to pick and choose the features you need. For example, if you need more extensive inventory tracking capabilities, you can link to an inventory add-on. Want more extensive reporting? Link to a reporting add-on service. Xero is inexpensive and easy-to-use - lots of businesses can operate completely within Xero without even having to use any add-ons.