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• Sheet to enter all of your products to track all of your product's cost and sales price with gross profit calculation
This useful spreadsheet will increase your bottom line by indicating where you need to lower production costs or increase your product price.
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To see a Google Sheet List of all of my spreadsheets that you can filter by feature, open this spreadsheet in Google Sheets and follow the directions: https://bit.ly/RSproductList
Your business is extraordinary, so why settle for an ordinary spreadsheet? I will work with you to design a custom spreadsheet made just for your business.
• After you place the order, you will see the link for downloading the files. They will be available in your purchase area (https:///your/purchases)
Martial Arts Software
•Once you get into the spreadsheets, you must make a copy and save it to your Google Drive account. The spreadsheets are in View Only mode.
All the files included in this download are original and copyrighted to Reselling Solutions. They are for your personal or commercial use. However, they may not be resold.
Purchase Protection: Shop confidently on knowing if something goes wrong with an order, we've got your back for all eligible purchases — see programme terms
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I would be happy to customize any of my listings to meet your needs. Just message me the listing you are interested in and what else you would like it to do, and I can create a custom listing for you.
If you have problems with your item, I offer FREE 14 Day Support after the date your order was placed and support for a fee after 10 days.
The Purchases Sheet includes all items or materials you purchase to sell for the entire year. The Inventory Sheet, is what you currently have listed for sale. Once and item is sold, you remove it from the Inventory Sheet, but it stays on the Purchases Sheet.
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You will need the amount you spend on Purchaes each year for your taxes. You will also need to know your beginning and inventory amounts.
Simple spreadsheet with clear instructions that really helped me organize my thoughts around pricing items for my new shop. Would recommend!
This is a legit lifesaver. I didn’t realize how much I was spending (and losing, lol) for my items until I started using this. Thank you soooo much. If I could have given more stars, I would!
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This type of data sharing may be considered a “sale” of information under California privacy laws. Turning off personalised advertising opts you out of these “sales”. Learn more in our Privacy Policy, Help Centre, and Cookies & Similar Technologies Policy.Need to know how much your handmade products really cost you to make? Pull up your DIY workboots and jump on in! 🙂
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If you need a refresher on the basics of Google Sheets (which I use now) or in Excel (which I used to use) please check out my brief tutorial post.
This does not currently cover how to track on-hand inventory, overhead costs, labor costs, or taxes. As I write those posts I will come back and update this post.
The very first step of the process is figuring out the cost of materials and how to allocate them to each piece. You need toinclude the material’s sales tax and shipping in these totals to get a true picture of the costs.
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Some items cannot easily be allocated and will need to be captured as a Consumable instead (a part of the overall cost of doing business). For simplicity, I am not including overhead costs in this tutorial.
Most of the items I make take more than one step to get from the raw materials to the finished product and some of the items share steps. I wanted to make a spreadsheet that was very modular to match this.
So I made the following layout template on a new Items tab. When I want to make a new item (or sub-Item) I copy and paste these rows at the bottom of the spreadsheet.
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NOTE: Purple fields are pulling data from another tab and green fields only use values from the current tab. I manually colored these, it’s not a default feature of either program.
Some of the steps here are purely cosmetic. Changing the #N/A and #REF errors to blanks and ‘Missing’ dosen’t do anything but look pretty.
If this is going to be a sub-Item and used by other Items, then I need to copy the information back to the Materials tab.
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The main difference here is that the Cost cell is going to be a vlookup back to the value in the Overall Total cell from the Items tab. (The blue color is just so it’s easier to tell that it’s a sub-Item.)
Because this is a ‘sometimes’ field I just manually cut and paste the formula into the cell instead of having it preset.
The vlookup is going to try and find a match for the Description (B29) in the Name column (A) of the Items tab. If it finds it, then it pulls the value of out Overall Total (column H, position 8 in the range).
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I didn’t pretty this one up (hence the lack of IFs), so it will return a #N/A error if there is no match. If you would prefer to use the ‘Missing’ again, you would want to use this:
A finished Item will be a collection of sub-Items and/or Materials and it uses the same template to calculate the total. In the example below you can see each of the steps towards the final product (except the boxes).
I’m actually in the middle of revalidating my actual costs and usages for these magnets, which is why shipping is missing from the 3-pack list of materials. But once I have the new numbers, all I have to do is fix them once and they’ll update everywhere! 🙂
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Etsy would really really like people to offer free shipping, but the only way to do that without going broke is to combine the shipping costs into the list price.
Thankfully the spreadsheet lets us easily setup shipping costs as just another Material! I don’t include gas or time spent at the post office since I count those as overhead costs.
Right now I’m only using the 5x5x5 boxes, but if I add different sizes in the future they’d be entered as newItems. (And I’d have to update the Materials list if I want to change which box I’m using for an finished item).
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Now that we have a good idea of how much it costs in materials and shipping… it’s time to calculate how much we’ll be paying in fees. I sell primarily
