Guides for resellers
Practical guides on buying, tracking, and selling resale items, from choosing a profit tracker to keeping records for tax season.
Getting started
How to choose a resale profit tracker
How to choose a resale profit tracker for iPhone or iPad: who needs one, which records to compare, and where FlipKeep fits and where it does not.
Profit
How to calculate resale profit
How to calculate resale profit step by step: the formula, each cost to include, realized versus gross profit, and a worked example with margin and ROI.
Inventory
How to track resale inventory
How to track resale inventory: record each unit as an item, keep statuses current, and use 30, 60, and 90 day aging to find stock that has been waiting.
Purchases
How to split bulk purchase costs across items
How to split a bulk purchase cost across resale items: add shipping and customs, choose an allocation method, handle mixed orders, and record foreign currency.
Sales
How to track resale fees, refunds, and returns
How to track resale fees, shipping, refunds, and returns for each sale, including gross versus net payout, fee presets, and their effect on profit.
Records
Resale records for tax season: what to keep
The records resellers usually keep for tax season, how to organize purchases, sales, fees, and returns, and how FlipKeep exports them. General information only.