eBay

duffy4444 · ‎03-03-2023

Seller Ledger, now in beta-testing as a replacement for GoDaddy Online Bookkeeping, which threw thousands of us under the bus in June of 2022, has been quickly progressing extremely well. It will be ready for public launch in the near future, but is available for all of us eBay sellers to try out for free right now while in beta testing.

I'm one of the very early volunteer beta testers, and have been helping in the development for months. You can read more of the posts about it here in the first few pages of eBay's "Seller Tools" forum. As mentioned before, it is being developed by Kevin Reeth, the original CEO of Outright, which became GoDaddy Online Bookkeeping. A lot of us old-timers remember Outright and used it at eBay back in the day. Kevin and his team have been developing Seller Ledger with emphasis on the simplicity and ease of use that most of us eBay sellers need without the confusion and expense of QuickBooks.

Announced today, some of the new features just rolled out are the linking of bank, credit card and PayPal accounts, and the additional ability to import and sort all of your back 2022 eBay data -- this may really help with your current taxes filing, especially with Seller Ledger's automatically populated layout sample of Parts I and II of Schedule C.

You can read a more detailed update on their blog at https://sellerledger.com/banks-credit-cards-and-paypal-oh-my/

Seller Ledger's home page is https://sellerledger.com/

I strongly encourage fellow sellers to check out Seller Ledger. I'm not an easily-thrilled veteran seller here, but with this new and very promising replacement, I am.

Cheers, Duffy

caldreamer · ‎03-03-2023

Thanks Duffy for the update. I am one of those Outright/GoDaddy users and when into panic mode when GoDaddy bookkeeping service was dissolved.

I loved the simplicity of the GoDaddy program and will be following this new Seller Ledger (hopefully you can keep us Sellers posted when it goes live).

vintagecraze50 · ‎03-04-2023

Hey Duffy, I signed up and it looks good.

duffy4444 · ‎03-04-2023

@vintagecraze50 wrote:
Hey Duffy, I signed up and it looks good.

@vintagecraze50:

Yes, I've been using it for a few months now, and have really enjoyed automatic import every 3 hours and the ability to edit and move things around where necessary. I've also been manually entering things like COGs and my daily mileage. The automatically-updated sample Parts I and II of Schedule C is a real game changer for me. I hope sellers here click on the links and read their blog.

Be sure to take advantage of the offer to import all of your annual 2022 eBay data. Kevin says the offer to us eBay sellers is valid until the end of March. The numbers for 2022 are dead-on with my TurboTax that I filed a few weeks ago.

Cheers, Duffy

coronadooutdoor · ‎03-20-2023

SellerLedger is INCREDIBLE!!! I signed up, logged in, and within (literally) three minutes it downloaded my data from ebay and produced my correct 1040 Schedule C. Now all I have to do is enter my COGS. I am so happy I want to kiss somebody and pay them.

duffy4444 · ‎03-20-2023

@coronadooutdoor wrote:
SellerLedger is INCREDIBLE!!! I signed up, logged in, and within (literally) three minutes it downloaded my data from ebay and produced my correct 1040 Schedule C. Now all I have to do is enter my COGS. I am so happy I want to kiss somebody and pay them.

@coronadooutdoor:

No kissing necessary... just spread the word. In talking with Kevin Reeth, my understanding is that after the free beta phase ends for us eBay sellers, the cost of the service will be reasonable. Automatic download links to other channels including Amazon and Etsy is on their punch list. Just be patient...

Don't forget to manually enter your mileage and other expenses.

Cheers, Duffy

reclaimedtreasuresjj · ‎03-31-2023

Thank you so much for posting this! I tried another service and it was not good at all. This is what I've been looking for! I loved godaddy and this seems very comparable.

Thanks again!