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Lesson 10 · 1 min 44 sec

Track Vending Receipts, Invoices, Cash and Profit

Snap receipts, track invoices and cash, and see profit by location in MyVendbook vending business software, with a tax center and compliance calendar.

Free lesson from MyVendbook training. Plans covered: Mixed: some steps need Professional.

What you will learn

Step by step

  1. What you kept. Your Overview shows what you kept after product, fees, commission, waste and driving. Scroll down and a simple bar splits every dollar of sales into expenses, tax set-aside and what you keep.
  2. Snap a receipt. Take a photo, tap the type, done. It is saved with today's date, ready for tax season.
  3. Invoices. See who owes you, what you owe and what is overdue, matched to your locations and vendors.
  4. Cash and deposits. MyVendbook compares the cash you collect with what your counts say sold, and progress bars show how much has reached the bank. Big gaps need a reason.
  5. Profit by location. Every location is ranked in colored bars. Green earns its spot, red loses money. Open a location to see where each dollar of its sales went.
  6. Mileage. Log your business miles. Two bars compare the standard rate with actual costs, and the green one is the bigger deduction right now.
  7. Tax center. Keep estimates, a year-end checklist and a deduction tracker in one spot. It is a record, not tax advice.
  8. Compliance calendar. Permits, insurance and contract dates in one list, so a deadline never sneaks up on you.

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Video transcript

Module 10. Money: Receipts, Invoices and Cash. In this lesson: snap receipts in seconds, track invoices and cash, and read profit by location.

Your Overview shows what you kept after product, fees, commission, waste and driving. Scroll down and a simple bar splits every dollar of sales into expenses, tax set-aside and what you keep.

Take a photo, tap the type, done. It is saved with today's date, ready for tax season.

See who owes you, what you owe and what is overdue, matched to your locations and vendors.

MyVendbook compares the cash you collect with what your counts say sold, and progress bars show how much has reached the bank. Big gaps need a reason.

Every location is ranked in colored bars. Green earns its spot, red loses money. Open a location to see where each dollar of its sales went.

Log your business miles. Two bars compare the standard rate with actual costs, and the green one is the bigger deduction right now.

Keep estimates, a year-end checklist and a deduction tracker in one spot. It is a record, not tax advice.

Permits, insurance and contract dates in one list, so a deadline never sneaks up on you.

Now it is your turn. Pause here and try each one yourself. Then come back for the next one.

Next up: module 11, Add Your Team. See you there.

Ready to try it on your own route?

Start your 14-day free trial and follow along in the app. Vendy, your AI assistant, is included.

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