Category: Kits

With all the recent simplifications and improvements we’ve been making to inventory tracking in Seller Ledger, it’s time to roll out something that many sellers have been asking for: the ability to track cost of goods sold for product bundles and kits.

If you use continuous inventory tracking in Seller Ledger, you likely already have the individual costs of various items you have listed for sale.

• But what if you decide to offer several of those items for sale in a bundle, at a discounted price?
• If that bundle sells, how do you remove the multiple individual items from inventory and make sure they show up in cost of goods sold?
• And then how do you look at profit for that bundled order, or those individual items?

Fortunately, Seller Ledger now helps you with all of this.

Tying a bundle sale back to its underlying products

To link a sold product bundle with its individual items, simply go to Inventory -> Sold, find the sale for the bundled product, and click “Add costs”.

You’ll see a new option in the list, called “Match multiple items”. Click that option to bring up a dialog box where you can select and add each item from inventory that belongs in that bundle.

Click “Save” and Seller Ledger will remove those items from inventory and update your cost of goods sold total.

See your profit per order

Now, when you go back into your marketplace account, click “Expand” on the bundled order. You’ll see how much money you actually make on that order.

Thanks again to all of our customers who requested this functionality. Stay tuned for more product updates.