Need Help understanding Financial Statements

Question

I am starting to download my financial statements for the year to prepare for taxes.

I am looking at January

It says

Orders 2166.31.

Shipping Labels 79.71

Other fees 21.95

Charges 57.52

Payouts 2125.33

I come up with 2245.78l, not 2125.33

February gets even more confusing.

I can't get anyone in Ebay to talk with me to understand .

It doesn't balance out.

I was trying to find my total income for the month...but when I reduce by those increments it does not result with 2125.33.

Also, do I take it that charges are the commissions?

wooden_flower · Answer

@giftsgalore1

This report is like your bank statement, but for your payment account. It has an opening balance and an ending (closing) balance.

Add the opening balance, then subtract the closing balance and the math will work.