Increased hatred for Managed Payments

[kri_9217]

At least in Paypal I had a little more control over which money goes where into which account.

Here, I have totaled the last few payouts and for some reason I am short! Like losing money, and I have everything carefully listed to account for fees, shipping, and how much I paid originally for item. Always have done this.

But the way they payout, I try to calculate a couple payouts and reconcile against sales and I am way negative. I do not like this at all.

Does anyone have a good system on how to accounting-balance their payouts and doing it by hand? I always do auto/computer and manual to check my math, and it was easy with paypal, now I feel I'm just throwing money out the window.

[loveyourimagination49]

What’s not matching? Have you looked at the reports in seller hub, is that what’s not matching?

Are you using the 12.35% (item, shipping, tax) + .30?

Store? 

More details may get you an answer from someone.

[kri_9217]

I am looking at payouts, no I don't have a store. The payouts are wacky, as it seems that my labels are haphazardly deducted and throws off my numbers. I total the payouts for a given month and it ends up negative, which I don't understand. I manually column each one for cost, shipping, fees and profit and it just doesn't add up.

[dhbookds]

What do you mean "haphazardly" deducted?  The USPS label costs are deducted either from your choice of paypal or from the payout (if you choose that and have enough $), UPS and Fedex are put on your invoice and deducted on a monthly invoice...... 

[kri_9217]

they are deducted sometimes immediately, and if they are, they are deducted before I am paid the the payouts of the other items, so each payout does not balance.

[loveyourimagination49]

Have you looked at your invoices, statements, reports in Sellers Hub?

Since we can’t see how you’re calculating, we can’t tell what’s messed up.

Do you have an example?

[firesteel_surplus]

Thanks dhbookds...I think you just answered MY question. I could not figure out why my UPS charges were not showing up in my PayPal account. I've been searching around a bit for an answer and stumbled upon your response. So...I guess that answered it....ebay is going to charge me once a month now. Great.

Thanks

Mike