In this post, I’m going to teach you two different ways to track your pattern sales on a monthly basis using Wave Accounting. Oh, snap!ĭon’t worry, I’ve got you covered when it comes to tracking pattern sales in Wave Accounting! Yes, honestly – tracking pattern sales can really be part of your bookkeeping system if you use Wave Accounting. This is just one of the things I talk about in the Owning your Sales module in the Hobby Business Bookkeeping Challenge If you’re wondering how to track your pattern sales if you’re using Wave Accounting for your bookkeeping system, you’ve come to the right place! when a paid only pattern didn’t sell well – I could then make decisions about making it a free pattern on my blogĪre you feeling like this information is important to you as well?.if I’d spent 10 hours, $20 in materials, and paid to have the pattern tech edited – I’d want to know how many of that specific pattern I had to sell in order for it to be profitable.which platform that I sell on brings in the most revenue – so I would know where to focus my marketing efforts.what my best selling patterns were – so I would know where to focus my design efforts.If I were a pattern designer, I’d want to know: If you know how to properly set things up and learn to use your system to it’s full potential.Ĭheck out the Bookkeeping Essentials For Your handmade Business course – where you’ll learn all the details for setting up and using Wave Accounting for your bookkeeping so you can ditch the spreadsheets and have all your information in just one place! We need insight into our customers purchasing habits and it’s super helpful to have all that information in one place. You may think that bookkeeping is only for tracking your income and expenses, but really there is so much more that your bookkeeping system can tell you when you use a software program like Wave Accounting. If you’ve been using spreadsheets – getting this kind of information means setting up more spreadsheets to track this kind of information – which is what I talked about in Tracking Pattern Sales in Excel or Google Sheets. when that pattern has actually become profitable.which platform you should focus your marketing efforts on.where to focus your pattern designing efforts.Tracking sales information like this is important. Or, which of your older paid only patterns doesn’t sell well, and you should release it for free on your blog.Which platform that you sell on consistently generates the most revenue?.How much money has pattern “X” generated, since you released it?.Which of your crochet or knitting patterns is an absolute customer favorite?.Sure, you could just enter your total income each month from each of the platforms that you sell on and call it a day….but what if you want to know more, like: Wave is actually pretty flexible and is a great alternative to a bazillion spreadsheets as your handmade business grows, You might be wondering why you would want to track pattern sales using Wave Accounting? You can create a free account just by signing up with your email address and creating a password. Wave Accounting is a FREE web-based (online) bookkeeping and accounting system that you use inside a web browser like Chrome, Firefox, Edge, etc. This tip provides you with step-by-step instructions and a short how-to video for setting up and using Wave Accounting to track your pattern sales. Tracking pattern sales using Wave Accounting can help you so you can figure out where to focus your knit or crochet pattern designing efforts.
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