How do I record a sale and track my profit?

Updated September 5, 2026

To record a sale, open the item and tap Mark as Sold, then enter the sale price and shipping details. Flippd automatically calculates your profit.

Step-by-Step

1. Find the item -- it can be Listed or Unlisted; you don't have to list it first
2. Tap the item to open its details
3. Tap Mark as Sold (or choose it from the ⋮ menu in the bottom bar)
4. Enter the sale details:
   • Gross Price -- What the buyer paid
   • Shipping -- What you paid to ship
   • Fees -- Automatically calculated based on the platform
   • Date Sold -- Defaults to today, but you can pick any past date. Use the real sale date for sales you made before you started using Flippd, so they land in the right month and year
   • Date Listed -- Filled in for you if the item was already listed
5. Tap Mark as Sold

Flippd calculates your profit: Sale Price - Cost - Fees - Shipping = Net Profit

More Fields on the Form

• Quantity Sold -- Appears when the item has a quantity above 1, so you can record a partial sale and keep the rest in stock
• Sales Tax -- Tax you collected, kept separate from your sale price
• Advanced > Adjustments -- Change your profit after the fact: a Cost adjustment for returns, extra fees, or promotions, or a Credit for money you received such as a shipping overcharge or partial refund

Good to Know

• Fees are approximations based on your platform settings and may vary. You can edit the Fees field directly, or tap the ⋮ next to it for a fee calculator
• You can backdate a sale. The three dates chain together, each between the one before it and today:
  • Date Acquired -- when you got the item (up to 20 years back)
  • Date Listed -- on or after Date Acquired
  • Date Sold -- on or after Date Listed
• If the app won't let you pick an earlier Date Sold, it's because Date Listed or Date Acquired is set to the day you added the item. Change those first, then set the real sale date
• To sell several items at once, multi-select them in the inventory list and tap Mark Sold. The sale price is pre-filled from each item's list price -- adjust it if something sold for a different amount
• Your profit appears immediately in your Reports and Home dashboard

Related Articles

• How do I undo or reverse a sale?
• How does Flippd calculate my profit?
• How do I view my daily and monthly sales reports?
• How do I edit multiple items at once with bulk actions?