WristBook
Exit tour
Live tour · step 8 of 9

Take a trade-in, it books itself

Record a sale, flip on a trade-in, and watch its value become the new piece's cost basis — logged as inventory in the same motion. One entry, clean accounting.

app.wristbook.io/deals/new
Demo

Record a deal

Take a watch in part-payment without ever leaving the deal.

Buyer pays$18,000 cash + trade
New inventory item Rolex Submariner Date — cost basis $14,000
Your future margin on it is measured from this number.

Live demo · nothing is saved · resets when you reload

In the app

A trade-in that does its own bookkeeping.

One entry, two records

The sale and the trade-in are logged together — the trade-in lands in inventory automatically, with no second form to fill.

Cost basis, set right

The trade value becomes the new item's cost basis, so its margin is measured correctly from the moment the deal closes.

Honest margins downstream

Because the basis is right, every P&L and profit figure on that piece is right too — no fudged numbers later.