There are lots of things I need to keep track of and it is nice to not keep it all in my head. Additionally, there are many repeatable tasks that I can automate.
The solution is either:
- Build a custom solution to do:
- Basic stock management
- Compile knowledge of suppliers and proceedures
- Automate repeatable tasks like getting VAT
- Use midday.ai to manage finances
My worries about building a custom solution are:
-
It'll take ages to build
-
I won't learn the accounting and stock-management skills baked into industry standards
-
I'll have to keep maintaining the custom solution
-
Use industry standards to do accounting and stock-mangement:
- Quickbooks
- Link My Books
- A2X
My worry with the industry standards is that I'll spend a lot of time learning how to use them, they will be overkill for my needs and I will have to spend more time and money customising them to my needs.
It takeas a long time to get everything together. It would be great to automate collecting the:
- Amazon settlements
- Shopify orders
- Paypal transactions
- Revolut statements
- Expenses
- Wise Statements
Keeping track of all the stock is a headache. Every purchase I make should add and remove items from the stock. This helps to:
- Plan manufacturing
- Calculate profit
- Not run out of stock
- Not sell items that I don't have