Our powerful expense features allow you to calculate and claim your material usage as COGS - which for a handmade business this leads to predictable tax obligations (and a happy tax man).
Create as many custom categories as you like to create the perfect expense structure for your business.
Our system is unique in that purchases are associated with your material inventory, so that accurate up-to-the-minute unit pricing and COGS can be calculated for you automatically.
Expenses can be also be optionally associated with products or with orders, allowing you to see your true profit margins for everything you make and sell.
Track your Vendors
Create expenses and link them directly to your vendor records, so you have complete purchase history all in the one place.
In Transit / Received Stock
Your inventory only increases when you mark an expense as received, so your stock on hand is always accurate.
Material Expenses for COGS
Link expenses directly to your materials to instantly increase your stock on hand and see a complete purchase history for your material.
Fully landed costs
Tax, shipping and discounts are all applied proportionally to your material costs, so you always have a true picture of your actual material unit price.