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How do you keep track of your "eBay managed payments" when your using a checking account???

So my problem is that I have always had a checking account linked to PayPal in the past for easy transfer of money and so I could also use my debit card from that checking account to buy supplies at stores etc... . With the checking I still have an actual ledger that I write down into to deduct my funds. Now with this new managed payments I could have 15 or 20 entries a day I would have to physically enter into a ledger. This is a big pain. Also I won't know the exact amount that they deposit into that checking account for each transaction and on which day. I've heard it can be deposited anywhere from 2 to 7 days? This is just nuts. Does anyone else out there have any suggestions to help me figure all this out. It's almost not worth keeping a ledger anymore. Maybe check it once a month and just add in what the bank says is in there. Pretty poor planning on eBay's parts. So much more work for the business owner and way more reports to print out monthly for my taxes at the end of the year. PayPal was so much easier with instant payments. Frustrating!!! Grrrrrrr!!!

Message 1 of 22
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21 REPLIES 21

How do you keep track of your "eBay managed payments" when your using a checking account???

@tsme35 

 

You don't. See post #14. Good luck.

Message 16 of 22
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How do you keep track of your "eBay managed payments" when your using a checking account???

I go thru $1500 a month average in postage but ebay can't give me a correct postage spent, sometimes off $80 from their sales report and monthly report, have to look into that but also buy my supplies off ebay, don't have to have to wait for a echeck

Message 17 of 22
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How do you keep track of your "eBay managed payments" when your using a checking account???

Thanks for the info. I've been getting a lot of great responses to my questions. 

Message 18 of 22
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How do you keep track of your "eBay managed payments" when your using a checking account???

Wow. You have a lot of sales going then. Thanks for the info.

Message 19 of 22
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How do you keep track of your "eBay managed payments" when your using a checking account???

Thanks for your reply to my question. I was worried that the negative amount showing would hurt my top rated seller. It doesn't sound like it now. Thanks. 

Message 20 of 22
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How do you keep track of your "eBay managed payments" when your using a checking account???

That is a great way to do it. Thanks. I'll start checking monthly for the reports. 

Message 21 of 22
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How do you keep track of your "eBay managed payments" when your using a checking account???

yeah and they take the fees way before they send the pay out!  FeeBay

Message 22 of 22
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