I woke up this morning to find that the Fender journal sold last night on Etsy. I was a little excited, but I went through all of my email first. I had to keep the excitement in check. When I got to it, I discovered that I had to register for a business account in Paypal, presumably because the user didn’t actually have a Paypal account but used them to process her payment; which is all fine and well, but I didn’t realize I would have to do that. I went through the process, and it looks like everything is the same – I don’t pay any extra, but if my volume exceeds a certain amount (which I’m sure it won’t) I’ll qualify for a discount on the fees, which come off the top anyway. That sounds like a rebate to me.
The interesting part is that I look like a business now. Now people aren’t paying me, they’re paying DragonGear Books. That says to me that I need to start keeping track of the materials I buy. Paypal will keep track of my transactions for me, and likely will provide some tax forms for me at the end of the year even – but if I start keeping track now, I won’t be at a loss for write-offs when tax time rolls around. Maybe someone with experience has something to say about that. Comments? Leave them!
(On a side note, the travelogue has been added to another seller’s favorites list, but has not been purchased as of yet.)