Retail-Tracking Method

The retail-tracking approach to recordkeeping gives you a record of each product that you sell and does not require you to enter purchase details or to manage and reconcile inventory. This revolutionary method of recordkeeping is far easier than the "full-inventory" method, while still offering all of the same business-building benefits. It allows you to easily identify and communicate with clients based on their previous purchases while also producing tax-ready reports at the end of the year.

Full-Inventory Method

The full-inventory approach to recordkeeping gives you a record of each product that you purchase and sell, but requires you to manage and reconcile inventory on a regular basis. This method of recordkeeping is far more time-consuming than the "retail-tracking" method, without offering any additional business-building benefits. Like retail tracking, it allows you to easily identify and communicate with clients based on their previous purchases while also producing tax-ready reports at the end of the year, but the full-inventory method is intended for use only in situations where tracking significant quantities of product in your personal inventory is a requirement of doing business.