Etsy Bookkeeping Software
Make your Etsy bookkeeping easier using Craftybase
Craftybase handles your tedious and time consuming Etsy bookkeeping tasks, tracking your revenue, expenses and COGS so you can spend more time making — and making money.
Loved by the world’s most successful handmade makers, including…
Pricing Guidance
Craftybase uses your exact cost of materials and labor to generate pricing suggestions for every product you make. Use our software to be more confident with your pricing and ensure that you are making the profit margins you need to take your business to the next level.
Craftybase helped us make sure we were accounting for everything in our prices, and helped us quickly test what would happen if we changed suppliers to upgrade some of our materials.
Cost of Goods Sold (COGS)
Our calculations are GAAP compliant, using IRS approved methods and are suitable for most small manufacturers. Each order is automatically assigned a material usage cost based on your complete inventory history: rather than wrangling excel spreadsheets and stressing over EOY counts, you'll be building up your COGS tally during the year as you make and sell.
Having a business that manufactures products with countless raw materials, Craftybase keeps us organized and helps us have a clear picture of the health of our business.
Compliance & Traceability
There is no need to track your compliance requirements separately to your inventory: Craftybase provides you with full traceability of all products and materials. Log purchases with lot numbers and associate with your manufacture records to create a purchase-to-sale, GMP and CPSC traceability solution for your handmade manufacturing business. Generate a full report in seconds that shows exactly which orders contain a particular lot batch of material - perfect to handle material faults and product recalls!
Product & Order Management
Our powerful inventory adjustments capabilities can handle any stock change including cancellations, damage and stock loss situations. Automatically import your orders and products from sales channels, and see detailed profit breakdowns for orders that include your material costs and incurred expenses.
Craftybase has helped track my customer orders, how much they cost and how much they cost me to make them, keeping me on top of my orders which is so important to my little business.
Expense Tracking
Direct and indirect expenses can be tracked in Craftybase, using as many custom categories as you like. Purchases are associated with your materials, so that accurate up-to-the-minute unit pricing and inventory asset value is automatically calculated based on landed actual costs. Expenses can be associated with products or with orders, allowing you to see your exact profit margins for everything you sell.
Being able to categorize expenses and see where each project is costing me has helped me to understand my business and pinpoint areas of high value or expense.
Automated inventory management
Keep sortable, searchable lists of all your material inventory with photos - available online, whereever you are. Maintain full purchase histories and have Craftybase auto calculate your rolling average unit prices. Create recipes for commonly used combinations of materials, with associated recommended pricing guidance and detailed profit margin calculations. Track the hidden costs of making sub-assemblies using components.
Being able to easily add and subtract materials from my master inventory based on daily sales is invaluable in keeping organized & proactive. Managing inventory was a painful, manual, and inaccurate process before I discovered Craftybase.
Powerful reporting
Generate traditional, bookkeeper-friendly reports to provide you with the detail you need to be on top of your business: Profit and Loss, Expenditure & Revenue, Inventory Valuation, Schedule C (COGS). Our popular product and high revenue customer reports gives you the visibility you need to make better decisions for your business. Instant profitability guidance feature allows you to see a full breakdown on any of your products or orders.
Craftybase, overall, has helped me streamline my inventory expenses, keep consistent unit costs and allowed me to see through the Reports section, my business grow each year.
How Craftybase helps Etsy sellers
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Everything in one place
- Your sales, stock and financial data are all in the one place and accessible from any internet enabled device (our industry standard backups ensure your data is extremely safe).
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Daily Imports from Etsy Handmade
- Stop manually copying over numbers from Etsy screens to spreadsheets - there is a now an easier and better way! We automatically import of all your Etsy products and orders each night ready for the start of your day.
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Pricing Guidance
- Know exactly how much it costs to produce your Etsy products - our pricing guidance feature means you'll always be on top of your margins and profits.
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Cost of Goods Sold (COGS)
- Track your cost of goods sold in real time using the data you enter. We'll even generate the numbers you need for your Schedule C at the touch of a button.
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Reports & Charts
- Keep your finger on the pulse and know how well your Etsy store is doing, with our extensive and detailed reports. Charts and graphs show you your vital stats in an easy to understand way.
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Low Stock Alerts
- Track your exact material and product stock levels, so you know exactly when you need to order more supplies or make more product to list on Etsy. Don't run out of stock ever again and keep those sales rolling in!
Craftybase helped us make sure we were accounting for everything in our prices, and helped us quickly test what would happen if we changed suppliers to upgrade some of our materials.
Frequently asked questions
Can’t find the answer you’re looking for? Reach out to our customer support team.
- What is Craftybase?
- Craftybase is powerful inventory and manufacturing software designed specifically with the needs of small manufacturers in mind. We are unique in that we track both your material and product stock levels, allowing you to keep real time tabs on your inventory levels - you'll never run low on supplies or product again. Using our powerful inventory and COGS calculations, allowing you to instantly generate accountant ready reports for tax time with confidence. With daily automatic importing from your Etsy store, your battles with spreadsheets have finally come to an end! Read on below to see how we can help you take your Etsy Handmade business to the next level.
- What is CVS on Etsy?
- CSV files are the format for most data you'll download from Etsy. Many accountants and bookkeepers will ask you for CSV downloads of your data in order to prepare your financial and tax filings. The good news is, Craftybase imports your data directly from Etsy's servers, meaning you no longer need to locate and download this data.
- How do you do bookkeeping on Etsy?
- Although Etsy does offer some reports and downloads that can be helpful with your bookkeeping, it's important to have a bookkeeping system that you use outside of Etsy to get a bigger sense of your financial situation and allow you to compile your tax filings. This can be done by paper and pen if you are just starting out. When you grow, you'll want to investigate upgrading to a spreadsheet, or dedicated bookkeeping software that integrates with Etsy like Craftybase.