I'm still trying to understand Managed Payments

[liawrig.nq8rdwqa3]

Still trying to understand this **bleep**.  Follow me:

In my spreadsheet I have a column for gross revenue and one for net receipts.  The net revenue is after all the fees taxes and surcharges have been deducted (or added)  and charged to the buyer.  When I report my taxes I report the Gross revenue.

Notice that when I get the "you made a sale alert" that there is no total for what the customer paid, so I have to total the shipping fee + cost.   That's the GROSS REVENUE; right?

And when I go to the actual Ship your order page, there is another amount for total paid.  Would that be the Net revenue? 

Example, I just sold a jacket.  Gross Revenue (you made a sale) showed 18.99 + 7.99 shipping = total 27.

When I went to the Ship your order page it stated the VALUE was 28.33.  So I'm assuming that the taxes, fees, surcharges, etc. etc. was added (or paid) to the Gross revenue and that's how they got the 28.33?

It's showing "the total amount buyer paid for item + shipping+tax.

[veronicabooksandart]

eBay collects the tax and pays it so it falls out of the equation.

Net = Item sale + Shipping Added - (FVFs + Actual Shipping Cost + Item Cost + Any Other Fees)
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Item-level accounting.

[fab_finds4u]

Your gross revenue before eBay fees are deducted is the item cost and s&h.

eBay collected the item cost, s&h, and 5% sales tax charged to the buyer is how they got the $28.33.   $18.99 item  + $7.99 s&h +$1.35 sales tax =$28.33. 

Then your proceeds or your net amount is  the item cost and s&h minus eBay's fee of 12.35% on the buyer's total payment, and .30 per transaction.