Financial Tracking

Learn how to track expenses, mileage, and payouts in Resello for complete financial visibility.

Resello provides comprehensive financial tracking to help you understand your true business profitability.

Overview

Beyond inventory costs and sales revenue, running a reselling business involves:

Expenses - Business costs like shipping supplies and software
Mileage - Business-related travel for tax deductions
Payouts - Payments received from selling platforms

Tracking all of these gives you an accurate picture of your real profit.

Why Track Finances?

Know Your True Profit

Revenue minus all costs equals profit. Missing expenses means overestimating profit.

Tax Preparation

Proper records make tax time easier and help you claim all legitimate deductions.

Business Decisions

Understanding costs helps you:

Price items correctly
Choose profitable sourcing methods
Decide which platforms to use

Financial Modules

Expenses

Track all business costs beyond inventory:

Shipping supplies
Platform subscriptions
Software tools
Office supplies
Storage costs

Mileage

Log business-related travel:

Sourcing trips
Post office runs
Supply store visits

Payouts

Monitor platform payments:

eBay payouts
Mercari deposits
Other platform transfers

Reconciliation

Match records with platform data:

Verify all payments received
Identify discrepancies
Ensure accurate records

Understanding Profit

Revenue (from sales)
- Cost of Goods Sold (what you paid for items)
- Expenses (supplies, fees, etc.)
- Platform Fees (marketplace and payment fees)
= Net Profit

Key Metrics

Metric	What It Tells You
Gross Profit	Revenue minus item costs
Net Profit	Gross profit minus all expenses
Profit Margin	Profit as a percentage of revenue
ROI	Return on your investment

Best Practices

Record everything - Don't skip small expenses
Categorize properly - Makes tax time easier
Keep receipts - Digital or physical backup
Review regularly - Check finances weekly
Reconcile monthly - Match with bank and platform records