I love creating for my etsy shop but I must admit the bookkeeping part was not my favorite until I came across jjmfinance's shop who offers brilliant and wonderful systems to keep your Etsy shop as he would say "thriving" (I love that word!) The system I love and use is The Basic Bookkeeping system. There is a sheet for time tracking, recording inventory, general bookkeeping ledger, wonderful instruction on using these forms, and more.
I have been able to keep up so far with all of my spending and time....which is a hard one to manage. With the time tracker I am able to pay my self using the time sheet.. I used this page just as clock in and out slips for the work that I have done and completed in my shop. Creating, promoting, advertising, and more. A-W-E-S-O-M-E!
I do see that JJmfinance is now offering "The COmplete Bookkeeping Package" I must admit it is packed with everything that you would need on the bookkeeping side to run your etsy shop! I am not the office loving paperwork type of person but I keep my bookkeeping book with me at all times to be sure that I don't miss entering anything in my ledger. I have seen a big, big, big, difference on how I run my shop and my numbers. Its like breathing.... anything happens in my shop.... I record it in my book.