I tried tracking expenses in Excel, but it was very clunky and I wasn't sure I was doing it right. With Craftybase, I know I've got it all covered and I can see how my expenses fit into the bigger picture.
Lindsay, Craft Brewed SudsInventory + Bookkeeping for your Handmade Craft Business
An all-in-one business management software designed for craft businesses owners. Track material and product stock, calculate COGS for Schedule C, log expenses, and keep your pricing on track.
Seamless integration with:
Schedule C Generation
Most bookkeeping software simply isn't designed for the complexities of handmade manufacturing - your costs of goods sold (COGS) needs to be much more than just a guestimated number posted to a ledger every year. Craftybase calculates accurate and traceable cost of goods sold for your orders based on your manufacture and material cost history, and compiles a Schedule C guidance report instantly with the numbers you need.
Manufactures & COGS
Your complete manufacturing history, including internal labor costs are tracked within Craftybase so that you can see a complete view of exactly how much it costs you to make your products. Each order is automatically assigned a material usage cost based on your complete inventory history - you build up your COGS tally during the year as you make and sell.
Materials & Components
Keep sortable, searchable lists of all your materials with photos - available online, whereever you are. Maintain full purchase histories and have CB 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.
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 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.
Products & Orders
Products and variations are inventory tracked, with full inventory adjustment capability to handle cancellations, damage and stock loss situations. Orders and products can be imported from several popular sales channels on a daily automatic schedule, or can also be added manually. Orders provide detailed profit breakdowns that include your material costs and incurred expenses.
Reporting
Our reports include traditional, bookkeeper-friendly reports, along with a huge range of reports specific to handmade manufacturing that provide you with both nitty gritty and high level details you need to be on top of your business. Our instant profitability guidance feature allows you to see a full breakdown on any of your products or orders.
See why our customers love Craftybase
I no longer have to do manual inventory - what else is there to say?! I love the manufactures and managing supplies... especially with two online channels and selling at shows.
Shelly, Sugarboy's Luxury Fiber Creations
Tracking all my inventory, projects, invoices, contacts in one place and being able to run reports to see how my business is doing has helped me run my business a little easier.
Amanda, Amanda's Creative Woodworks
I had no idea how to price my soap. I didn't take my time in to consideration until I started using Craftybase. I now know how to price my soap to make money with both wholesale and retail costs.
Renee, RW Soap Company
Craftybase is our 'command central' where all our orders from all those channels get collated. Without it, we would have no way to track all of our sales efficiently!
Victoria, Divina Denuevo
Having real time inventory, pricing guidance, and expense tracking makes the paperwork of owning a business simpler. Keeping all of the information in one place makes it ideal.
Heather, H&P Artistry Soaps
We do not know what we would do without this application. Spreadsheets and confusing documents is a thing of the past now!
Kahne, Aerie Lane
Craftybase has made COGS so much easier. The massive reports section has enabled me to focus more on the popular products to increase sales.
Vanessa, Creative Stickers Co
Craftybase helps me keep my sales automatically entered into my system so that I can get on with doing the fun part: the creative products I make!
Kitty, Oh Crumbs BakeryStop working out your business numbers by hand!
Quickly estimate your profit margin including Etsy, Paypal and Direct Checkout Fees with Craftybase.