Now that we have officially launched, it is time to get back to making the product better and easier to use. To do that, we’ve focused on a number of enhancements that came directly from our customers.
Customize how eBay transactions are categorized
First up, we heard from a number of people that they would like to be able to change how eBay data gets categorized when it comes in. As a refresher, here is how Seller Ledger handles eBay transactions by default.
But, we’ve heard some great reasons to change the default settings. Some examples include:
- Putting eBay fees under the “Advertising” category rather than “Commissions and fees.”
- Putting Shipping costs under “Cost of Goods Sold” instead of “Office Expense.” There’s an interesting debate here, which we plan to tackle in a future blog post.
However, one of the coolest ideas was to let customers have eBay order amounts go under a subcategory of Product Sales, so that, if you are a multi-channel seller, you could have a profit and loss that starts with something like this:
To make this possible, just go to our new “Customize” page under the Settings tab, and edit the transaction types you’d like to change:
Remember, if you want to use any sub-categories for eBay data, you’ll want to create those sub-categories first.
See your profit or loss by month, quarter or year
This one is pretty self explanatory:
On a related note, we also added totals to top right of the Income and Expense tabs, so when you drill down or filter for a specific date range and/or category, you can see the totals. This will also match the numbers your click from the profit and loss report.
Ability to delete sub-categories
A small enhancement, but for those of you who add a sub-category but then decide you don’t need it, or made a mistake, you can easily delete them. Of course, if you have categorized any transactions using that sub-category, you will need to re-categorize them. We won’t give you the option to delete a sub-category if there are any transactions using it.
That’s it for now. We’ve got a few other improvements coming soon, so stay tuned.