Hi,
If I would start a shop where I purchase secondhand goods (for instance furntiture) and then sell them online how would this be set up?
- I would like to use margin scheme for secondhand goods. Paying VAT on the difference. Buy for 100 sell for 300 = 200. 200 x VAT rate = VAT. Per item basis.
- I do not necessarily need to track items on an individual basis.
On the sales order line would you do items/variants or account?
Any other advice? How would you do it? How did you do it :)
Of course how this would be done depends on what the desired outcome is in regards to reporting and other factors. But in general...
Kind regards
