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Partnership shops — clear accounts of capital and profit sharing

In a shop run on two or three people's money: who put in how much, who gets how much — without the hassle.

Many shops run on the investment of two or three people. If the accounts aren't clear, misunderstandings happen when the profit is shared. In PhoneSell Pro each partner's capital, withdrawals and share of profit are kept separately, and profit is shared by period — there is no way for the same month's profit to be shared twice.

Partners and profit sharing
✦ What you will get

Partners and profit sharing — key benefits

✓Partners and ownership %

Keep each partner's share (%) — profit is not shared unless the total is 100%.

✓Capital and withdrawals

Who put in or took out how much money and when — and from which account, all recorded.

✓Profit sharing by period

The net profit for a month or any period is taken from the accounts and shared by %; keep some as a reserve if you want.

✓No day counted twice

Periods follow one after another — no day is left out, and none is shared twice.

✓Separate statements

A statement for each partner by date, with A4 printing.

✓Partner's own login

A partner can log in and see only their own share — nothing else in the shop.

✦ How it works

In just 3 steps

1

Add partners

Enter the name and ownership %, and record the capital.

2

Choose the period

At the end of the month tap "Profit sharing" — the net profit comes in by itself.

3

Share it

Keep a reserve and share the rest — it is added to everyone's statement.

✦ Questions & answers

Common questions about Partners and profit sharing

What if a sharing is wrong?
Any sharing can be deleted and done again; a deleted period can be shared again.
How is the profit calculated?
By taking the expenses away from the income in the accounts for those dates. So it is best to share after all of the month's expenses have been entered.
✦ See also

Related features

PhoneSell Pro — make every installment safe

Set up your shop in a few minutes, secure your first phone today — and stop chasing installment money.