How can I export my previous year's income for tax reporting?

 

Selling your services and getting paid is a big part of running a successful fitness business. But with all that money changing hands, it’s also important to have a line of sight on your revenues and keep records organized and easy to access, especially for tax season!

To quickly access and export a list of an income year, follow these steps: 

 

1. Click Payments from the left side menu, then select Transactions

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2. On the far right just above the transaction list, click on the filter icon to expand the filter options.

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3. To pull up your previous year's income, select the Custom Date Range option under Transaction Date and then Payment and Refund under Type. Click Apply to apply the changes.

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^Please note, it is not mandatory to select both Payment and Refund for the same report. You could always do the Payments report first and export the Refunds in a separate one to avoid clutter.

 

4. Once you've applied the filters, the Transactions grid will refresh and you can click the Export button to export a CVS spreadsheet of your transactions.

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5. If you don't want to wait for the export to download, you can select the EMAIL EXPORT WHEN READY option. 

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If you don't select the email option, the export will automatically download and give you the option to re-download if you need to.

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Once you download that export, you will have a CSV spreadsheet that looks like this. Whether you open it in Excel or Numbers, you will have the ability to edit the spreadsheet. For example, you can create a sum for the net amount earned at the bottom of the column, remove columns that you don't want to include, color-code rows so you can easily distinguish between the months, etc.

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