Business and finance tools bring accounting clarity to Etsy shops. COGS tracking, sales tax automation, and profit-per-SKU analysis make the difference between guessing and knowing.
Connects Etsy (and Shopify/Amazon) to QuickBooks or Xero. Automatically reconciles settlement payments and categorizes transactions so bookkeeping doesn't require manual entry. …
Digital business banking for startups and ecommerce brands. No monthly fees, FDIC insured, strong API integrations. Popular with serious Etsy sellers who want a dedicated busine…
Payroll, benefits, and HR platform for small businesses. Used by Etsy sellers who have hired employees or contractors. Automated tax calculations and filings make compliance man…
Payment processing infrastructure used by sellers who run standalone stores alongside their Etsy shop. Handles one-time payments, subscriptions, and checkout. Developer-friendly…
International money transfer at real exchange rates. Etsy sellers use it to receive payments from international buyers, pay overseas suppliers, and hold multi-currency balances …
Most established Etsy sellers use either Craftybase (handmade-focused, with materials costing), A2X (accounting integration for QuickBooks and Xero), or dedicated Etsy bookkeeping tools like Outright. Basic sellers often start with spreadsheets before moving to dedicated tools.
Yes. Etsy sales are taxable income in most jurisdictions. Etsy collects and remits sales tax in states where required (for US sellers). Income tax on profits is the seller's responsibility. Keep records of all expenses including materials, tools, fees, and home office costs.
Most small Etsy sellers operate as sole proprietors, which requires no registration and minimal overhead. As revenue grows past $50K/year, an LLC provides liability protection. Consult a tax professional in your jurisdiction — the optimal structure depends on your income, location, and risk tolerance.
COGS (cost of goods sold) for Etsy includes materials, packaging, and direct labor. Craftybase is the most purpose-built tool for handmade seller COGS tracking — it handles material inventory, recipe costing, and per-listing profit margins. Spreadsheets are a viable starting point for low-volume shops.