As an old eCommerce hack, I’m personally excited to share that Outright.com is automating bookkeeping for eBay sellers, free, through eBay’s Selling Manager Apps. With the click of a button, the new app automatically pulls in the existing eBay transaction history, including sales, fees and expenses, and PayPal transactions, and continues to import sales, retaining the history indefinitely.
“Wow!!! It is so cool how all of your selling information transfers over. It will track your sales, your ebay and Paypal fees for you. It’s easy to manually go in and add debits and credits too. I’ve always dreaded doing my taxes each year but I’m actually looking forward to it now that I have Outright to help.” -Â Vicki Conley, pictureithere
The integration of Outright.com in eBay enables sellers to automate their books, tracking all their sales and expenses. With the app, the seller’s financial transaction history is available on their My eBay account; making it easy to follow store performance with a variety of features that measure everything a seller needs to be successful. At a glance, Outright users identify their greatest expenses, access sales reports, follow their best customers, and monitor store profitability.
More, Outright properly categorizes expenses and prepares the records for tax time. Sellers can access Estimated Tax calculations and reports that forecast other federal tax considerations such as the impact to your personal Income Tax.
“When I first heard of Outright I thought it was too good to be true. I am amazed that they found a way to make eBay sales accounting easy. It used to take me four hours a week to record my sales and expenses in Quickbooks then analyze the results. With Outright, I can click a tab and see where I am monthly and yearly all in one place. Thank you Outright for doing the accounting for me.” – Kelley Hopper; Alfies Treasures
Existing Selling Manager subscribers can get started now. eBay sellers not yet using Selling Manager can (and should, its free) add the service here.
It sounds like this app will make life easier for eBay sellers. Good info, Thanks.