Inventory Tracking

Track every purchase, sale, expense, and mile. Know your real profit after fees, shipping, and costs — not just gross revenue.

Your First 5 Minutes

1Add Your First Item

Click "+ Add Item" from the Inventory tab. Enter the item name, purchase price, and source. You can add photos, quantity, and storage location. The more detail you add now, the better your analytics will be.

2Choose Your Price Mode

Toggle between "Total" and "Per Unit" pricing. If you bought a lot of 10 items for $50, enter $50 as Total. If you paid $5 each, enter $5 as Per Unit. FinLoom calculates the other automatically.

3Record a Sale

Edit any item to add sale details: quantity sold, sale price, platform, shipping cost, and platform fees. Use "Auto-Calc" to compute platform fees automatically based on the platform's published rate (eBay 12.9%, Amazon 15%, Mercari 10%, etc.).

4Check Your Dashboard

Your dashboard updates in real time. You'll see gross profit, net after expenses, capital deployed in unsold inventory, mileage deductions, monthly trends, profit by source, and recent sales — all calculated from your actual data.

5Log Expenses and Mileage

Switch to the Expenses and Mileage tabs to track business costs. These reduce your taxable income and show up in your net profit calculations. Mileage uses the IRS standard rate ($0.70/mile for 2025).

Key Features

✓Purchase and sale tracking with per-unit economics

✓Platform fee auto-calculator (eBay, Amazon, Mercari, Poshmark, FB)

✓Death Pile analytics — spot aging, unsold inventory

✓Monthly sales trend with revenue vs profit breakdown

✓Profit by source — see which sourcing channels deliver

✓Expense and mileage logging with tax deduction tracking

✓CSV import and export

✓Photo upload for every item

✓QR label generation

✓Custom categories, sources, and platforms

Understanding Your Dashboard

The Dashboard is your business at a glance. Four stat cards across the top show Gross Profit (revenue minus all direct costs per unit sold), Net After Expenses (gross profit minus logged business expenses), Capital Deployed (total cost of unsold inventory still in your pipeline), and Mileage Deduction (IRS-standard deduction from logged trips).

Below that, the Monthly Sales Trend chart shows revenue bars with profit bars overlaid — so you can see at a glance whether your margins are growing or shrinking. The Profit by Source chart ranks your sourcing channels (Goodwill, Walmart Clearance, garage sales, etc.) by total profit generated.

Death Pile

The Death Pile tab identifies inventory that hasn't sold. Items are ranked by how long they've been sitting and how much capital is tied up. This is the single most important view for resellers — capital locked in unsold inventory is capital you can't reinvest.

Import Existing Data

If you're coming from a spreadsheet or another platform, use the Import/Export tab. FinLoom accepts CSV files with columns mapped to item name, purchase price, sale price, category, platform, and dates. Export your data anytime in the same format.

AI Add-On: Inventory AI

With AI Starter ($9.99/mo), unlock three AI tools: Profit Optimizer (which categories and sources deliver the best ROI), Listing Generator (SEO-optimized titles and descriptions for unsold items), and Business Intel (portfolio analysis with a 7-day action plan). AI analyzes your actual inventory data — not generic advice.

Free Tier

Inventory includes a free tier with up to 40 items. Full functionality — dashboard, expenses, mileage, import/export. When you need more than 40 items, upgrade to the paid tier at $4.99/mo for unlimited items.