Transaction fees
Hey everyone. Im newer to selling on eBay. 1 month and about a week in and and I feel we are doing ok. Here is my question. When is comes to the Promotional rate. I just looked at a detailed view of an item..
Item price$9.99
Shipping and handling$7.00
Sales tax$1.19
Sales tax$1.19
Fees based on$18.18
The fee was calculated including the taxes!?! My question is how long has the fee been assessed on sales tax? How is is fair to charge me for something Ive never taken in or even see in my revenue to calculate their fee? Is this standard practice?
1 comment
comics-scifi-collectibles
Mentor7 months ago@vaulthausus I know it's surprising but all funds processor charge their fees based on the TOTAL, this includes, item price, shipping, and taxes.
Paypal did the same thing before eBay started Managed Payments
You might find this helpful>
Your "available funds" are a running total, so there may be other fees from other listings and sales intermingled. Each payout can cover multiple transactions.
If you click PayOut ID here, it will have a complete breakdown of that Payout:
https://www.ebay.com/sh/fin/payouts
From your gross sales (Price + Shipping, if any + Sales Tax) eBay will deduct
Sales Tax (remitted to the state)
Shipping labels
Final Value Fees FVF
Insertion fees (if any)
Promoted listing fees (if any)
Store Fees (if any)
etc.
There is a nice video on this page about how to find your fees: https://export.ebay.com/en/fees-and-payments/seller-fees/
Here is a help page where you can learn about selling fees:
https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822
All of the deductions should be listed here:
https://www.ebay.com/sh/fin/transactions
Please look at the breakdown here of your payouts here:
https://www.ebay.com/sh/fin/summary