How to use Ebay monthly financial statements for accounting

Hi all

Can anyone help please?

I am trying to figure out how to use Financial statements for my accounts

It does not show a gross sales figure so does "Orders (Total minus fees)" represent gross sales,  or does this figure include the fees showing lower down i.e

Other fees
Postage labels
Charges
Refunds
etc.
So what exactly are fees that have already been deducted from 
"Orders (Total minus fees)"
 
If this figure goes into my sales , do I also  then put
"Other fees
Postage labels
Charges
Refunds"
into my expenses?
Hope this makes sense!
Thanks!
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How to use Ebay monthly financial statements for accounting

tobiasd4
Experienced Mentor

If you are tring to do this, you are obviously a business, genuine private sellers have no use for accounts.

Upgrade before ebay force you to, they also report to HMRC.

https://www.ebay.co.uk/help/policies/selling-policies/business-seller-policy?id=4710

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How to use Ebay monthly financial statements for accounting

plum993
Experienced Mentor

Look to use outside software for your accounts,as ebay don't supply all the info you would need in the statements they offer.

________________________________________________________________

"The secret of getting ahead is making a start"
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How to use Ebay monthly financial statements for accounting

Yes, will be upgrading shortly, just trying to work out if it is goint to be wortwhile carrying on selling

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