eBay

firesteel_surplus · ‎03-25-2021

Hi All!
I've been a big MP cheerleader here the past few months but I always left the caveat that I might be here next week crying because MP did me in. Well it didn't do me in but after 2 hours on the phone with ebay "help" I did not get anywhere. So here goes my faithful eBay Community!

Feb 23rd I get a payout for $224.14. I get payouts weekly and I download each payout to a Microsoft Access Spreadsheet and the net amount totaled $224.14.

The following amounts are included:

Ad Fee: $13.86

Ad Fee: $10.40

Ad Fee: $2.48

Shipping: $37.92

Shipping: $19.09

Shipping: $12.33

On March 16th I get a payout for $45.95. Buried in that payout (AND it shows up in my All Transactions) for March 13th is a Transfer from my bank for $43.41. So ebay took money from my checking to pay a shortage from my account. OK. That's fine. IF I owe it.

Keep in mind that transaction is DATED March 13th. All those numbers above from the Feb 23rd payout...they are in the March 13th transfer from my bank...along with a whole bunch of other Ad Fees and Shipping Label fees...but everything that I have checked (so far) has shown up in a previous payout.

Can anyone explain what is happening?

The thing is, the March 13 transfer from my bank...I can't do a download of that report to an Excel spreadsheet so I can play with the numbers.

Can I post screen captures of my payouts? I have no problem sharing my money info as long as its not against ebay policy.

Mike

Firesteel Surplus

veronicabooksandart · ‎03-26-2021

What I do, or perhaps more accurately, did, was maintain active listings as rows in Excel: price, worst estimate added ship, worst estimate discount ship, and calculated net. If the item sold, I'd cut-paste that row below into a monthly sales area. When the paperwork was complete - sales order (PO tracking receipt attached)/paypal transaction fees, Paypal ship label transaction/eBay fees - I'd check the numbers against what I had in Excel then enter actuals off the paperwork into an accounting system. I can only imagine trying to do this with MP. The paperwork was only two double-sided pages and a receipt.

Bonanza is nice in that they put their fee on the sales order.
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But the real beauty of selling on Bonanza is that there is all but never any accounting.

firesteel_surplus · ‎03-26-2021

@veronicabooksandart

That excel spreadsheet jpg is just the figures from the March 13th $395.24 they took out of MP. That is not what I use to balance my books. No...I just used that to make sense of my mess. The columns just did not come out even steven when it converted to jpg from pdf.

I use a custom Access database that I built that I can change as I need it.

Mike

Firesteel Surplus

veronicabooksandart · ‎03-26-2021

My understanding of MPS Chunks is that there is no rhyme of reason to the order of what's processed or pays out on any particular day. The buyer pays eBay - not you - who then factors your accounts receivable at a discount (less fees). IOW, ownership is transferred. I suppose a return is considered a kind of settlement. Unless I'm mistaken, that makes you a supplier until it comes time to pay eBay's tax as the true seller of record since, from the point of sale, you are divorced from all credit card transaction and money processor reporting; replaced by eBay. The whole thing makes zero sense to me.
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Like trying to separate spaghetti from sauce.

firesteel_surplus · ‎03-26-2021

@veronicabooksandart wrote:
My understanding of MPS Chunks is that there is no rhyme of reason to the order of what's processed or pays out on any particular day. The buyer pays eBay - not you - who then factors your accounts receivable at a discount (less fees). IOW, ownership is transferred. I suppose a return is considered a kind of settlement. Unless I'm mistaken, that makes you a supplier until it comes time to pay eBay's tax as the true seller of record since, from the point of sale, you are divorced from all credit card transaction and money processor reporting; replaced by eBay. The whole thing makes zero sense to me.
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Like trying to separate spaghetti from sauce.

@veronicabooksandart

I WAS head cheerleader on the boards for MP until yesterday. I thought I had a handle on this and it made perfect sense.

Holy moly was I wrong....

I got egg on my face and eating a whole helpin' of crow.

Mike

Firesteel Surplus