You don't need to enter your Amazon FBA fees (inbound shipping, pro membership, selling fees), but you'll need to enter your “outside” expenses. If you plan on using InventoryLab for your Profit and Loss, then this is where you'll do it. Here are the main topic areas of each of them: ![]() The next two sections are Accounting and Analyze. For example, if you follow the 3X Rule, you'll want the “Total in-Stock Sales Value” to be 3 times higher than the “Total in-Stock Buy Cost.” This data should give you an idea of the average ROI to expect for your items. On the bottom of the screen, you'll see your total buy cost and sales value. I've been spending most of my time here as I've been going through each inventory item and adding in the buy cost, store name and purchase date. It's nice that you can sort by the different column headings. Inventory: This is where you view your inventory and it's pretty much what you'll expect – a listing of your inventory items. Once I do a few shipments with InventoryLab, I'll let you know how it compares to my Excel system. If you're using a laser printer, you'll print your 30-up labels in Seller Central. Setting up Your DYMO 450 to Work with Amazon's Scan & LabelĪccording to InventoryLab's User Guide, InventoryLab has a DYMO printer option. Tracking Amazon FBA Inventory and COGS in Excel ![]() ![]() I have a couple of posts that explains my system in more detail:
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