posted on October 26, 2003 07:20:23 PM new
I need a better way of keeping up with my ebay accounting. I think I am ready to use a spreadsheet. I need to know things like what is my average sale, gross sales, year to date. How much do I spend on cost of goods, inventory vs gross sales, how much I'm paying in fees, paypal expenses.
Its all so confusing to me and I really need to get a handle on all this stuff to know the real bottom line and to see how much profit I really make.
I looked at Excel but it looked like overload. This is pretty simple cash accounting basically. Does anyone have any advice on a reasonably simple way of doing this? an easy spreadsheet somthing? I don't want to spend 6 months learning how to use excel because I need to get on this right away. Any advice would be much appreciated.
Thanks!
posted on October 26, 2003 08:17:26 PM new
I use Quickbooks. It's a little pricey but I find it easy to set up and you can enter your inventory and customers. Much easier than trying to set up a spreadsheet with all the formulas for calculating sales and expenses.
posted on October 26, 2003 08:20:54 PM new
The cost of Quickbooks will quickly be absorbed with the time you save - especially when it comes to tax time. I would look into it if I were you.
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If it's really "common" sense, why do so few people actually have it?
