GnuCash For Etsy Seller’s Tutorials

Using GnuCash as an Etsy seller can help you efficiently manage your shop’s finances, track income and expenses, and generate reports for tax purposes. In this course we’re going to explore the business model of a handmade crafts and jewelry shop known as Handmade Haven Creations. Handmade Haven Creations specializes in creating unique, handcrafted items, which includes: Handmade Bracelets. Handmade Necklaces and Home Decor. All the products are listed and sold on Etsy, Etsy handles all sales transactions and payment processing. By understanding the various components of the Handmade Haven Creations’ business model, you can see how a small handmade crafts shop can efficiently manage its finances with Gnucash Free Accounting software. Let’s begin!

Before you begin you should
1. Install GnuCash
2. Download the Etsy Chart of Accounts



How To Link Receipts To Transactions

GnuCash 5.0: How to link Documents to transactions

In GnuCash, “adding a file” refers to the action of attaching an external file, like a scanned receipt or invoice image, to a specific transaction within your financial record, essentially linking a physical document to a digital transaction for easier reference and audit purposes.

How To Add A Notes Field To A Simple Transaction In GnuCash

How to Add A Notes Field to Simple Transactions In Gnucash

In GnuCash, users can add additional information or details about a specific transaction, essentially acting as a memo or comment section to provide context beyond the basic transaction details; this note field is accessible for every transaction entered in GnuCash.

Generate The 3 Essential Financial Reports

Gnucash Tutorials: How To Generate The 3 Essential Financial Reports

In this tutorial we will go over how to generate and edit the 3 essential end of year Financial Reports, used to evaluate the businesses performance over a given period of time. Each one provides a window into the company’s finances and is useful for completing your IRS business taxes.

How To Create Scheduled Transactions

GnuCash Tutorial 5.0 – How To Create Scheduled Transactions

In GnuCash, “scheduling transactions” refers to the ability to set up recurring transactions that will automatically be added to your ledger on a predetermined schedule, like monthly bills or regular income, so you only need to enter the details once and GnuCash will generate them on the correct dates going forward; essentially, it’s a feature to streamline the process of recording repetitive financial Transactions.