Right now, any US-based eBay seller can sign up, including those with multiple eBay accounts – however, it doesn’t yet support eBay international, and it has more features to add, including custom categories.
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In terms of pricing, Seller Ledger is free during beta testing but will charge based on transaction volume, starting at $10/month. “We’ve left those features out,” Reeth said.
One thing Seller Ledger will not add are features that don’t apply to online merchants, such as invoicing and time tracking, which GoDaddy had offered.
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This is something QuickBooks (which GoDaddy recommended) gets wrong, because they only import the net payout amounts.Ģ) The ability to link PayPal as well as most bank and credit card accounts.ģ) We let you categorize transactions and have the software apply that categorization to all past and future matching transactionsĤ) You can also manually enter cash expenses and track mileage.ĥ) We show you a running profit and loss report while also pre-populating a schedule C tax form. We actually get order-level details, which allows us to split out shipping collected and final value fees to match against 1099-K amounts. Here are the features Seller Ledger currently offers for sellers:ġ) The ability to link your eBay account and pull in all of your data. “There are a number of posts on their seller community with very similar frustration” regarding the demise of GoDaddy Bookeeping, and Seller Ledger just applied for Etsy’s developer program. “We also plan to do a lot more around cost of goods and per-order profitability.”Ĭurrently Seller Ledger integrates with eBay, and Reeth said they plan to add Etsy next – and would love to find some sellers willing to test with the company. “One thing we’ve added that GoDaddy Bookkeeping never had is a simple report about whether you’re making money on shipping or not,” Reeth told us. The plan isn’t simply to replace the original offering, but to add more features. We’ve been live in Beta for just over a month and are aiming to help people who were left in the lurch last year.” Reeth said he hadn’t found out about GoDaddy’s plans to discontinue the bookkeeping solution until many months after the fact, “so we’re rushing to try to fill the void. Outright sold the solution to GoDaddy in 2012, and it remained an affordable option for marketplace sellers until June 18, 2022. Kevin Reeth cofounded Outright in 2008, which integrated with online marketplaces and financial services to make it easier for small sellers to collect revenue and expense data.
Not only will the new offering help with bookkeeping and taxes, Seller Ledger is planning new features that will give sellers a better understanding of their profitability, such as a report that will show whether their business is making money on shipping or not. But the original founder of the solution is developing a new offering to fill the void called Seller Ledger, currently in beta. EBay and online sellers were left in the lurch last year when GoDaddy abruptly ended its low-cost bookkeeping solution.
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