Expenses

The Expenses module helps you track all business costs beyond your inventory purchases.

Overview

Reselling involves many costs beyond what you pay for inventory:

• Shipping materials
• Platform fees
• Software subscriptions
• Travel costs
• And more

Tracking these expenses is essential for understanding your true profit and preparing taxes.

Expense Categories

Shipping Supplies

• Boxes and mailers
• Tape and labels
• Bubble wrap and packing materials
• Poly bags

Platform Fees

• Marketplace listing fees
• Final value fees
• Payment processing fees
• Subscription costs

Software & Tools

• Listing software
• Inventory management (that's us!)
• Photo editing apps
• Accounting software

Office Supplies

• Printer ink and paper
• Measuring tools
• Cleaning supplies
• Organizers and storage

Marketing

• Promoted listings
• Advertising costs
• Business cards

Professional Services

• Accounting fees
• Legal fees
• Business licenses

Adding an Expense

1. Go to Expenses in the sidebar
2. Click Add Expense
3. Fill in the details:
   • Category
   • Amount
   • Date
   • Description
   • Vendor (optional)
4. Add receipt info or notes
5. Save

Expense Fields

Recurring Expenses

For expenses that repeat:

• Monthly software subscriptions
• Quarterly supplies orders
• Annual fees

Track each occurrence separately for accurate records.

Tracking Tips

1. Enter immediately - Don't let receipts pile up
2. Be specific - Note exactly what you bought
3. Save receipts - Take photos or save digital copies
4. Review monthly - Check for patterns and opportunities
5. Budget ahead - Plan for known upcoming expenses

Expense Reports

Use the Reports section to:

• See spending by category
• Compare periods
• Identify cost trends
• Export for taxes

Tax Deductions

Many business expenses are tax-deductible:

• Keep detailed records
• Save all receipts
• Categorize consistently
• Consult a tax professional