I know the obvious answer is going to be ‘make an excel spread sheet’ but bare with me
I have an excel spreadsheet detailing COGs, amazon fees (inc VAT), net profit, ROI % etc. Although I am fairly certain my products are profitable, what I would now like to know is, ‘how is my business doing, is it profitable?’
My spreadsheet has not accounted for things like returns/refunds, storage fees, professional seller fees etc. I would be keen to have something that ties all this information together. I have tried to use ‘shopkeeper’ but found it frustrating as for several items it doesn’t seem to be able to figure out that I am using S&L (and yes I am definitely paying S&L fees because I checked my inventory and it doesn’t match what ‘shopkeeper’ is reporting)
Any advice would be gratefully received
PS: I am not anti spreadsheet!!
Do you guys track your daily /weekly/ monthly profits on a spreadsheet?
How do you manage all the additional fees (e.g. storage, professional seller fees)
I hope this late night rambling makes some sense. Sorry it’s so long!