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Stacey Faye
State War Academy Caldari State
0
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Posted - 2014.02.24 05:27:00 -
[1] - Quote
Apologies if this has been asked before (I'm sure it has) but I was unable to find anything.
Currently, I'm using isk per hour for researching my production lines, and thats working great. I am, however, having a very difficult time tracking profits on an item by item basis. I'm using a manual spreadsheet that works.... but, it's very very manual. I list every wallet transaction, and assign it to a production run, and once 100% of the product is sold, I can tell what profits I made from it. It becomes difficult to use when I'm making more than one item that uses the same materials at the same time, because I buy them at the same time and then have to manually enter exactly how many
Are there any better tools out there to help this? I'm fairly competent with excel due to my professional life, but I cant seem to find a better way to do this.
Any suggestions would be very appreciated.
Thanks! |
Gilbaron
Free-Space-Ranger Nulli Secunda
1208
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Posted - 2014.02.24 06:37:00 -
[2] - Quote
eve IPH is really good if you want to know what profit to expect from what item
eve mentat is really good if you want to know your overall profit (but does not track the (expected) value of stuff currently in production)
i don't know a tool that tracks everything from expected profit to actual profit. i also don't think that you can automate it. if you really want to track it, pen and paper or an excel spreadsheet is probably your best bet We are recruiting german-speaking PVP players, contact me :)
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Stacey Faye
State War Academy Caldari State
0
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Posted - 2014.02.24 07:42:00 -
[3] - Quote
well apparently I'm not using eve mentat correctly.
how do you track production profit (aka, raw material purchases vs. produced goods sale prices)
also, is there a way to track station trading profits?
if there is a tutorial somewhere that would be fantastically helpful. |
Gilbaron
Free-Space-Ranger Nulli Secunda
1208
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Posted - 2014.02.24 09:10:00 -
[4] - Quote
just import your API and let eve mentat pull everything.
after that, go to the journal tab and look at transactions over a given timeframe. income - outgo = profit over that timeframe.
you need to keep in mind that this calculation only makes sense if you have no market orders up, no jobs in progress and no material laying around. if you have any of these you need to add the approximate value to the income side.
eve mentat is actually meant to be a tool for station trading since it can track sell orders, buy orders ( but not assets and indu jobs) We are recruiting german-speaking PVP players, contact me :)
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SJ Astralana
Syncore
30
|
Posted - 2014.02.24 10:03:00 -
[5] - Quote
Stacey Faye wrote:Apologies if this has been asked before (I'm sure it has) but I was unable to find anything.
Currently, I'm using isk per hour for researching my production lines, and thats working great. I am, however, having a very difficult time tracking profits on an item by item basis. I'm using a manual spreadsheet that works.... but, it's very very manual. I list every wallet transaction, and assign it to a production run, and once 100% of the product is sold, I can tell what profits I made from it. It becomes difficult to use when I'm making more than one item that uses the same materials at the same time, because I buy them at the same time and then have to manually enter exactly how many
Are there any better tools out there to help this? I'm fairly competent with excel due to my professional life, but I cant seem to find a better way to do this.
Any suggestions would be very appreciated.
Thanks!
If the solutions suggested work for you, don't take this as a discouragement from using some quite mature and comprehensive software. Comparatively, Eve Production Manager is far less mature, but focused toward a single goal of eliminating as many manual steps from the daily production process, and to address your question, it uses actual costs (calculated from a rolling weighted 30-day average) of your material purchases to calculate your profitability.
Hyperdrive your production business: Eve Production Manager |
Silvetica Dian
Manson Family Advent of Fate
749
|
Posted - 2014.02.24 13:01:00 -
[6] - Quote
Can we back up a few steps please? So isk per hour to see likely profits.....all good. Check market for fluctuation in that product and understand the movement.....all good. buy the mats then sell the stuff. why do we need to track profits at all? just watch your inventory and/or wallet grow and send isk to alts to use in PVP. I think you are just making unnescessary work for yourself. Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85 |
Stacey Faye
State War Academy Caldari State
0
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Posted - 2014.02.24 15:21:00 -
[7] - Quote
So let me clarify a bit - I'm looking to track profits on a PRODUCTION RUN basis. Not just based on day by day across everything I do.
As far as just "watching profits" - yes, I know I'm profitable, but once all is said and done, I want to see which items were more profitable than others, there is a big difference between what isk per hour says, and what your actual profit is at the end of the day. |
SJ Astralana
Syncore
30
|
Posted - 2014.02.24 19:40:00 -
[8] - Quote
Stacey Faye wrote:So let me clarify a bit - I'm looking to track profits on a PRODUCTION RUN basis.
Specifically, EPM will tell you the profit on every item you sell, and can be aggregated by item to a date range. It doesn't tie directly to production runs though. Hyperdrive your production business: Eve Production Manager |
Stacey Faye
State War Academy Caldari State
0
|
Posted - 2014.02.24 20:06:00 -
[9] - Quote
SJ Astralana wrote:Stacey Faye wrote:So let me clarify a bit - I'm looking to track profits on a PRODUCTION RUN basis. Specifically, EPM will tell you the profit on every item you sell, and can be aggregated by item to a date range. It doesn't tie directly to production runs though.
how does it tie the product to the resources needed to create it? Manually, or does it know how many mats you would have needed based on BP/skills/etc? |
Loraine Gess
Confedeferate Union of Tax Legalists
106
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Posted - 2014.02.24 22:51:00 -
[10] - Quote
Put all startup capital into a division of a corporation Wallet. Check regularly. |
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SJ Astralana
Syncore
30
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Posted - 2014.02.25 03:19:00 -
[11] - Quote
Stacey Faye wrote:SJ Astralana wrote:Stacey Faye wrote:So let me clarify a bit - I'm looking to track profits on a PRODUCTION RUN basis. Specifically, EPM will tell you the profit on every item you sell, and can be aggregated by item to a date range. It doesn't tie directly to production runs though. how does it tie the product to the resources needed to create it? Manually, or does it know how many mats you would have needed based on BP/skills/etc?
When a tracked item is sold, its manifest including ME is applied against the average cost of each material for the past 30 days. So each tracked item sold permanently has a cost associated with it.
The first API Refresh in EPM downloads 30 days of transactions as well as all assets, so producers get a nice immediate snapshot of their supply chain. I track 35 items, and I never need more than 10 minutes to manage a production cycle end to end.
Hyperdrive your production business: Eve Production Manager |
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