And since I have been back I have been working on my accounting for The Adventurous Silversmith per the family accountant. Earlier this year I evaluated several programs for tracking cash out and cash in as there are not many low cost or free programs that will run on an Apple Mac and just using a spread sheet was not going to give ME the detail I wanted.
I finally settled on a software package (back in March) that was close to what I wanted and had a good price - being a software engineer (these days) means that evaluating software for personal use can be frustrating as you know what should work and hate it when it does not meet your expectations.
Once I had the software, I started to enter the invoices I have saved since I started metal smithing back in 2009. I don't have ALL of them, but probably 90% of them with most being the big ticket items like hammers, stakes and rolling mill and the miscellaneous things like silver, copper, bronze, ear wires, solder and the other tiny things needed. I have been working on entering everything on and off since April and I did a two day push and I have finished all the initial entry yesterday. Today I have to do a current inventory level so I can determine a true 2012 year end inventory valuation (we only did an estimate).
I am rather amazed at how much I have spent on this hobby "third career"; here are some rough numbers:
- Classes, Workshops, Books, Video's and other learning.... $9,000 +
- Stakes, Hammers, Rolling Mills, Chasing Tools, Drill Press.... $9,500+
- Metals (all purchases but excludes what has been used) ...$4,500+
And going forward, I will [try, ha!] to stay on top of the entries and won't have to go through this again.
Hopefully, next weekend I can get back to the repousse \0/