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Old 04-13-2008, 10:47 PM  
bausch
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Join Date: Jul 2006
Posts: 3,017
Best way to enter epass transactions in accounting software?

What's the most professional and accurate way of entering data in my accounting software for Epass transaction, should I list the payee name as "epassporte" and then write in the "comments" section of my software the details of what it was for or should I just enter the payee as the "nickname" of the other parties epass id.

For example, for some PA accounts I have, it just lists the "nickname" of the site owner I'm buying the traffic from as the "descriptor" field in the Epass statement. Should I just enter it that way because that wouldn't look too professional? And then when I receive deposits from sponsors through epass for example Wildcash shows up as "Internet Media", should I just then enter that as the payee? How does the IRS prefer it in case they audit etc?

When I enter stuff in from going off my bank statement it's easier because I just enter the payee as how it appears on my statement, but with Epass it's different, it will just show the nickname of the other person etc.
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