Expenses

Expenses – Managing Your Costs

The Expenses section in SellerMagnet allows you to add and track your general business costs related to your Amazon activity. These expenses may include advertising costs, subscriptions, office expenses, and more, giving you a comprehensive view of your overall profitability.

General Expenses Page

In the initial Expenses screen, you can see a list of all recorded expenses with details such as:

• Expense Name: The name of the expense.

• Starting Date: The date when the expense started.

• Expense Duration: Frequency of the expense (e.g., One-Time, Weekly, Monthly, Yearly).

• Dedicated Marketplace: The Amazon marketplace the expense is associated with.

• Expense Category: The category of the expense (e.g., Advertising, Office Expenses).

• Expense Amount: The total amount of the expense.

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By clicking Add Expense, you can add a new expense with the following details:

Expense Details:

• Expense Name: A unique name for the expense.

• Starting Date: The date when the expense occurred.

• Connection: Select the connected Amazon account you want to associate the expense with.

• Duration Type: Specify the frequency of the expense — One-Time, Weekly, Monthly, or Yearly.

• Expense Category: Choose a category such as Advertising, Office Expenses, or others.

• Amazon Marketplace ID: Choose the specific Amazon marketplace (e.g., DE, IT, FR).

• Amount: Enter the expense amount.

• Currency: Select the currency for this expense.

Integration with General Settings

If the General Costs per Order option is enabled in the General Settings, the added expenses will automatically be included in the profit calculation for each order. This means these costs will be deducted from the total profit, providing a more accurate view of your net earnings.

Additionally, these expenses will be visible in the final profitability breakdown, allowing you to easily monitor their impact on your overall business performance.