Purchase Easy Auction Tracker Here
If you sell on eBay as well as require a way to calculate net profit, Easy Auctions Tracker is the easiest and most precise method I’ve found to do this.
Up until I started using this software a number of months ago, I had to by hand calculate each eBay sale using a number of a free calculators on the internet. The calculator wasn’t fairly 100% precise, so I wasn’t getting real net earnings as well as it took about a minute or 2 for each thing I sold.
With Easy Auctions Tracker, I can import every one of my eBay transactions with a click of a button. The software application draws in every one of the associated eBay fees and it even includes shipping costs. all I need to do is put in how much I paid for the products to obtain my net profit.
I had no idea that Easy Auctions Tracker existed until a friend through Facebook informed me about it. It has actually aided my business out so I wanted to return the support and perhaps present some readers to the software.
I’ve attempted GoDaddy Bookkeeping in the past yet I really did not like the user interface. GoDaddy is a fine device to make use of for taxes, however it doesn’t damage things down for eBay purchases like Easy Auctions Tracker does. GoDaddy is additionally almost 3 times more expensive than Easy Auctions Tracker
Getting started with Easy Auctions Tracker.
To begin with, Easy Auctions Tracker operates on Microsoft Excel. So you will require to have Excel on your computer system if you intend to use it. I’m not particular, yet I have actually listened to that the software only works with Windows computer systems. Something to do with the Macros do not function properly on Mac Computers.
The good news is that you can download a free trial of the software without entering your credit card information or any info for that matter. To try it out, download a trial version from this page as well as see if it works with your computer.
When you’ve downloaded and opened up the trial version, you can conveniently get up and going by following along with the instructions on the “Setup” tab.
After you have actually obtained the app linked with your eBay account, you ready to go!
Pulling eBay transactions
The highlight of the application is located on the “eBay Selling” tab. This is where you go to pull the transactions from eBay and obtain a clear summary of basically whatever you can imagine to see about your eBay sales.
Below’s a tiny section of the “eBay Selling” tab:
So all you have to do to pull all of your eBay sales for up to 30 or 90 days (you can only go back 90 days since that’s the length of time eBay maintains your information) and also click “Get All Items”.
Below’s the meat of the software program and the elegance of what you can see with it:
Purchase Easy Auction Tracker Here
All of this info is to the right of the picture above where the thing titles are provided. I’m trying to focus with the pictures so they’re close sufficient that you can read what they say.
So all I need to do to get my net revenue is enter in what I paid for the item where it states “My Cost”.
Side Note: Some sellers will ship all of their items using the eBay shipping, IF you purchase shipping directly through eBay it will automatically input the shipping cost. BUT unless you are buying the labels in bulk you won’t receive a scan sheet for the post office. I personally use PirateShip to ship my eBay orders in order to do them one by one and still get the scan form. The downside to using PirateShip you will have to manually enter the shipping cost.
I keep a separate spreadsheet to track what I pay for every product I buy. I made use of Google sheets back when I was determining my eBay fees by hand, but nowadays I just use Google sheets to track my cost of products offered. Whenever I purchase something, I go into a description of it and what I paid for it.
This area of the spreadsheet pulls everything together to reveal you your total amounts for the month.
I still require to enter in my expenses as well as expenses for the month for this to show my true net profit, however besides that, the details is all right here. I haven’t had any type of listing fees because all of my listings have actually been covered by my shop subscription.
Expenses are different than the cost of the items you sell and also they get on a different tab from “eBay marketing”. Expenses include your eBay shop subscription and any other expense you had for your eBay business. You can by manually add expenses and also it will upgrade the total amounts section.
Right here’s my true net profit after upgrading my costs and also expenditures:
Profit/Loss
There are a lot of tabs within the Easy Auction Tracker spreadsheet and also one of the useful tabs is “profit & loss”. This reveals a breakdown of your earnings as well as losses for the month and you are able to print this sheet off when it comes to tax time.
There’s really just one various other tab that I pay attention to yet there are a great deal of various other tabs within the spreadsheet. The last tab I’ll speak about is “Expenses”. In the totals area of the “eBay Marketing” tab, when it says “total costs” it’s drawing all details form the “expenses” tab.
Here’s the “expenses” tab reveals my one expense for the month until now:
You can enter any kind of type of expense on this tab and also it will certainly upgrade the complete numbers for the month. It’s really handy if you’ve obtained several expenses to subtract from your regular monthly revenue.
I such as maintaining things basic and also while there are tons of various other tabs I could check out with this software program, the only 3 that I truly need are “eBay Selling”, “Earnings & Loss”, and “Expenses”. These 3 tabs give me my real net earnings which’s all I actually would like to know. Make certain to download and install the trial version and play with everything so you can decide if you like it or otherwise. There’s a lot of tabs to play with!
Conclusion
Easy Auctions Tracker is the most effective software I have actually found for doing my eBay accounting. It offers me my net profits precisely and at a cheaper price than any other software I have actually seen.
With that being stated, the spreadsheet is definitely not the sleekest application I have actually ever seen and I think the spread sheet was produced by one man and also is a one-person business. If you have a pest or any kind of sort of concern with the software program, you’ll have to connect to the owner and also see if you can get a response.
The cheap price behaves, yet you give up a little high quality when you pick this software application over something like GoDaddy Bookkeeping.
I still assume this is the very best option available for a small company ebay.com vendor who just wants a simple solution to discover their true web profit.
When you get the software, it is just good till January 1st of the next year, so you obtain one of the most worth if you buy it in January. It does appear like they discount it nicely in the 2nd fifty percent of the year, so you don’t need to pay full cost just to use it for a couple of months before needing to pay complete cost once again.
If you’re a significant ebay.com seller, I ‘d definitely recommend checking into using this software application for your bookkeeping needs.
