Effortless Tracking for Instant Financial Clarity
Managing costs, refunds, and shipping for your e-commerce or reselling business can be a time-consuming chore. RizzitGo's structured spreadsheet approach eliminates the guesswork. By setting up automated formulas, you gain instant, accurate insight into your profit margins on every transaction.
Building Your Automated Calculation Sheet
The foundation is a spreadsheet with clear column headers. Essential columns include: Item Name, Purchase Price, Selling Price, Item Weight, Shipping Cost, Platform Fee, and Final Refund Amount.
Essential Automation Formulas
1. Automatic Totals & Subtotals
Use the SUM
=SUM(B2:B100) // Totals all purchase prices in column B=SUM(D2:D100) // Totals all shipping expenses in column D
2. Calculating Net Sale & Profit
Create a formula to deduct costs from the selling price.
=C2 - (B2 + D2 + E2) // Selling Price - (Purchase + Shipping + Fees)This gives you your net profit for a single item in one cell.
3. Weight-Based Shipping Calculations
Use VLOOKUPIF
=IF(F2<=1, 5.99, IF(F2<=5, 12.99, 22.99)) // Tiered rates by weight in F2
4. Instant Refund Amount Calculation
Automate the refund due to a customer if an item is returned.
=C2 - E2 // Refund = Selling Price - Non-refundable Platform FeeThis ensures you instantly know the exact amount to process.
Key Benefits of Automation
- Instant Clarity:
- Error Reduction:
- Time Savings:
- Informed Decisions:
- Error Reduction:
Get Started
By investing a small amount of time to set up these automated formulas in your RizzitGo spreadsheet, you create a powerful financial dashboard. This system scales with your business, providing instant clarity
Pro Tip: