1. Log Recharges Immediately
Every time you add funds to your LoveGoBuy account, record the date, amount, and exchange rate used
A systematic approach to tracking your international purchases and ensuring every dollar is accounted for.
Successful Taobao or international shopping through an agent like LoveGoBuyLoveGoBuy Master Spreadsheet. By maintaining detailed records, you transform complex transactions into clear, actionable data, preventing overspending and ensuring you can reconcile every charge.
Structure your spreadsheet with these essential columns to create a comprehensive financial snapshot:
| Column | Purpose | Data Example |
|---|---|---|
| Date | Transaction date for chronological tracking. | 2023-10-26 |
| Item / Order # | Product description and the agent's order number. | Winter Coat | LGB-789012 |
| Item Cost (CNY) | Original product price in Chinese Yuan. | ¥350.00 |
| Domestic Shipping (CNY) | Shipping fee from seller to LoveGoBuy warehouse. | ¥10.00 |
| LoveGoBuy Service Fee | Agent's standard purchasing fee. | $5.00 |
| Recharge Amount & Date | Record of when and how much you added to your balance. | $50.00 on 2023-10-25 |
| Refund Amount & Reason | Track any returns or cancellations back to your balance. | ¥350.00 | Seller OOS |
| International Shipping Cost | Final shipping fee to your country (weight/volumetric). | $42.50 |
| Total Cost (Your Currency) | Final calculated cost per item/parcel. | $60.25 |
| Status & Notes | e.g., Purchased, In Warehouse, Shipped, Received. | Delivered 2023-11-15 |
Every time you add funds to your LoveGoBuy account, record the date, amount, and exchange rate used
Refunds can be for full items, partial amounts, or domestic shipping. Log the original order number, refund amount, and precise reason. This allows you to verify the credit appears correctly in your LoveGoBuy balance and adjusts your item's final cost to zero or a partial amount.
International shipping is often the most variable cost. Create a separate section or sheet for each parcel. Record the quoted cost, final charged cost, parcel weight, and tracking number. Compare quotes from different routes if offered. This data is invaluable for forecasting future shipping budgets.
Weekly, cross-reference your spreadsheet totals against your LoveGoBuy account balance and transaction history. Ensure that:
Use spreadsheet formulas to minimize manual calculation errors:
Total Cost Formula: =((ItemCost + DomesticShipping) / ExchangeRate) + ServiceFee + InternationalShipping
Running Balance Formula: =TotalRecharges - SUM(AllPurchasesAndFees)
Set up a summary section that automatically calculates total spent, average cost per parcel, and remaining account balance.