A piece's price is rarely its real cost. Shipping, duties, insurance, card processing and platform fees all cut into your margin, but they usually sit in a separate spreadsheet, if they're written down at all. Now you can record them on the purchase or sale they belong to, and Elefta puts them where they count.
On any purchase or sale, click Add expense. Enter the amount, pick a type, and add a note if you like. Purchases offer Shipping, Duties / Customs, Insurance, Commission, FX / Bank fees, Verification, Appraisal and Other. Sales also offer Platform fee, Card processing and Packaging.
Prorate by value. The default. Each item takes a share in line with its price.
Split evenly. Every item takes the same share.
One item. The whole cost goes on the piece it belongs to.
A preview shows each item's share before you save. The shares update when items, prices or quantities change.
The expense is added to each item's cost, so your inventory shows what each piece really cost you. The purchase shows a Landed cost for every line, and the item's own page shows its share. That share can only be changed from the purchase.
The expense comes off Net profit, shown with your margin. Gross profit and item cost stay as they were, so you can see both numbers side by side. Each line's profit is shown after its share of the expense.
Expenses never appear on invoices, purchase orders, share links or emails, and they don't change what the customer or seller owes. Only team members allowed to see cost can see them. Read more about profit and cost reporting in Elefta.
Try transaction expenses
Free for 30 days, no card required.