Outright Accounting Software for Ebay- What do you use?

[Bergheimhunter]

I just learned about Outright for Ebay. I would love to have an easy way to track my cost of goods, sales, fees, etc. so that I can easily see what I am really making selling on Ebay and Amazon. I've seen some good reviews about Outright, but most of them are old. I'd love to hear from those of you who have experience with Outright. Is it worth the $9.95 per month fee?

If you don't use Outright, what do you use? I am currently using an Xcel spreadsheet. It is way too cumbersome to have to go in and out of Ebay and Paypal to look up my fees and record my sales and then remember to manually add my cost of goods sold.

Thanks for your input!

 

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[Paleo_joe]

I used outright but couldn't justify the monthly charge. I use excel, but only to record what I buy and what I sell and for how much. Items that I need for taxes like paypal fees and ebay fees and shipping, I go dig out of the ebay invoices and paypal reports, but only annually. Kind of a pain, but I am not good at keeping up with too much regular bookkeeping anyway.

I use the excel spreadsheet to give me my total revenues minus what I spent to buy the items, then I subtract 15% (for ebay + paypal) to estimate my net for the month. Shipping washes out.

 

[Bergheimhunter]

Thanks, Paleo Joe. Did you like Outright (aside from the monthly charge)?

 

[NJcigarman]

I have used Outright for a few years. Works for me because I use my paypal card to buy product, mileage/fuel. When you use the Paypal debit card every transaction is entered automatically. When I have to use cash or another CC naturally I have to enter them manually. Time saver and every shipping cost, eBay/ paypal fee is automatically entered.

 

[Paleo_joe]

Thanks, Paleo Joe. Did you like Outright (aside from the monthly charge)?

Yes, it was great when it was free, it did a good job of pulling things from paypal and organizing them.

 

[NJcigarman]

Yes, it was great when it was free, it did a good job of pulling things from paypal and organizing them.

Joe,
I kept thinking about this since last night. I pay 6.95 for feedback Pro which I get an invoice before they automatically take it out of Paypal. I can't fine any charges for outright on paypal, outright itself, or on ebay. I went back 3 months.

 

[gino22]

I had an awful experience with this software. Couldn't get it to sync with my account. Customer Service said that lots of new users were having the same issue and that they were "working on it"... and "working on it"... and "working on it"... they actually came out and said that it was an issue for a huge number of new users and they had no idea what was causing it. Not the kind of company I want to have as a buffer between me and the tax man.

Legacy users and those who have gotten it to work say that it occasionally adds/omits/doubles certain entries. Read the reviews of the eBay app. So that may explain the problems some of you are having. If this actually happens (don't know since I never got the app to work), your records are potentially worthless. No thanks.

Quickbooks online is a little pricey at around $15/month, but it gets the job done reliably AND lets you photograph/upload receipts and enter data through a smartphone app. You can then make more detailed notes on a PC. Huge time saver, and pretty much the only other game in town. It links to PayPal, but is occasionally slow in automatically updating transactions. You can prompt it to update manually, and everything is up to date in a few seconds. Worth every penny IMO.

 

[JustinNH]

I am an accountant and I just use Excel. My volume is only 30-50 sales a month though, with a few hundred inventory items.
I have links that automatically update other tabs (like income statement, etc) and can give costs by item type, where purchased, by month, etc and also each individual expense in total or by item. I know I don't really need it by item, but I just like seeing it... haha

I think I'd trust quickbooks before I trusted some smaller one even if the smaller one is more tiered towards ebay.