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  1. Autumn

    One of the most helpful tools you can buy as a seller (wish I had been using these a long time ago… if you are waiting or debating on buying both this and/or the seller spreadsheet, you’ll save yourself so much time and trouble, so just do it!). Janet is also so helpful and accommodating, amazing customer service. Thank you again!

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Inventory Cost & Pricing spreadsheet for batch makers & multiple quantity handmade sellers

$43.00

Description

Time to get your inventory organized – get a handle on your costs, set a profitable price point, and finally understand your inventory when it comes to taxes.

The inventory entry, costing and pricing process for a creative business with physical products can be time-consuming and stressful. Not to mention that year-end count for tax purposes (ugh!).

It takes time to sort, enter, and track all those materials & supplies you buy. It takes energy to determine how much of your supplies went into making each product you create. It is stressful to figure out how to correctly price your products to ensure a profit. Are you basing your prices on a proven formula, or are you just guessing at it?

It feels overwhelming to list and track all that inventory you make. What’s still out there for sale and what have I already sold? It takes research and time-consuming Googling to figure out how to calculate the numbers you need for your tax return (what exactly is cost of goods sold?).

Knowing just how much your products cost you to create and how much you should sell them for are two huge MUST DO’S for any creative biz owner that’s serious about building a profitable, sustainable business.

That’s exactly what the Inventory Cost & Pricing spreadsheet does for you – it takes the guesswork out of costing and pricing your goods.

What does the spreadsheet do?

A lot! This powerful tool will assist you with the following business tasks when it comes to handling your supplies & finished goods:

  • Keep you organized by logging your raw materials & supply expenses (and automatically calculating your cost per unit)
  • Determine how much your finished goods cost you to create to ensure accurate pricing for profit
  • Calculate your suggested overhead rate, an important {and often forgotten} component of your pricing formula
  • Calculate a wholesale and retail price, based on a formula that you have the flexibility to adjust
  • Keep track of finished goods available for sale and sold throughout the year
  • Keep track of inventory taken out for personal use (an important number for tax time)
  • Easily calculate the tax numbers you need for inventory (total purchases and ending inventory)
  • Take the stress and overwhelm out of your year-end inventory count

What’s included in your purchase?

  • An instantly downloadable & ready-to-go multi-tabbed spreadsheet file, openable in Excel, Numbers, or Google Sheets. This one file can be used year after year.
  • A detailed PDF instruction guide, with screenshots and explanations of applicable accounting terms and concepts used
  • Series of video tutorials with step-by-step instructions on how to use your spreadsheet

I see you have two versions of this spreadsheet. Who is this version for?

Both Inventory Cost & Pricing spreadsheets are for handmade sellers. They both assist with the main areas of dealing with inventory – costing, pricing, and taxes – they just do it in slightly different ways to fit different needs.

The ICP spreadsheet for batch makers and multiple quantity handmade sellers is geared towards those who sell the same handmade goods over and over. If you are making and selling identical goods multiple times, then this spreadsheet is the better fit for you. It’s also a good fit for those who create their goods in batches (like soap makers for instance), but batch making is not a requirement of using this spreadsheet.

Watch me sum up the differences and pros/cons of each inventory spreadsheet in this quick video.

Both ICP spreadsheets work for both newbie and experience creative biz owners who create and sell physical products. Sellers with any level (or no level!) of experience using a spreadsheet can use this tool to grow their biz. Our instructional package includes written, photographic, and video step-by-step guides on how to get the most out of your purchase.

Curious about how this spreadsheet works? You can watch the video tutorials even before you purchase to see if this tool is a good fit for you. Watch the overview video here.

Need an inventory solution bundled with a bookkeeping template too? Build your own bundle of spreadsheets and get a significant discount here.

Got procrastination issues? Need some help staying committed to your new bookkeeping spreadsheet on a consistent basis? Join the Accounting Accountability Club.

Have questions about any of our spreadsheets? Not sure which tool best fits your needs? Check out the Spreadsheet Resource page for FAQs, videos, and more info.

I can just make a spreadsheet template myself, can’t I?

Sure you can. But as with all P+S spreadsheets, the value of the reseller inventory spreadsheet is in the guidance. This isn’t just a barebones spreadsheet. Your purchase also includes step-by-step PDF and instructions, along with video tutorials that guide you through the entire inventory process – from initial set up to year end tax time. My goal is not to just give you a tool for entering your inventory, but for you to actually understand all the concepts related to inventory – like cost of goods sold, the year end count, and how inventory works for your taxes. I break down the “why” behind what you’re doing in plain English.

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Rave Reviews
for Paper + Spark

I wish I had discovered this product on day 1 of starting my Etsy shop. This tool provides so much information. I love being able to see all of my financial information at a glance. The step by step videos are so useful. Every question I had was answered in a timely, detailed fashion. If you’re on the fence about purchasing this product, I say do it. You won’t regret your purchase.

Confetti Party Company