24-02-2021 12:15 PM - edited 24-02-2021 12:18 PM
I sold an item for 7.16 + postage 4.36 (11.52) and only spent 9.96 (item cost 3.99 + fees 1.15 & 0.63 + shipping 4.19) so think I made a profit of 1.56.
Unfortunately the item got lost in the post so I had to refund buyer 11.52. I have recevied compenstation for 7.16 (how much item was brought for) + 4.19 (price I paid for postage) as well as ebay fees of 1.15.
Paypal processing fee was 0.63 which I am not getting back
I think I am now 8.98 out of pocket
Please can someone tell me if this is correct or not.
Not sure why you think that? Surely your only out of pocket for the PayPal fees?