What exactly does "Eventually, you will no longer receive a monthly billing invoice" Mean?

[blingfling123]

This statement is in the below linked announcement.

I understand that logically this means that we no longer will have something to pay but my concern is reporting.  I sincerely hope that eBay is not going to do away with the the invoice completely. That is used as back up data for tax and accounting purposes, reconciliation purposes and general business purposes.  

Can someone from eBay clarify exactly what not getting an invoice means?  The current reporting in Managed Payments is far from user friendly, does not layout the information in a readable format and often has to be manipulated in order to attempt to reconcile. 

https://community.ebay.com/t5/Payments/Now-live-Changes-to-the-eBay-invoicing-process/m-p/31731913#M...

[blingfling123]

Well I guess the answer is.....

What is changing in my reports, how do I read them?

When you switch to the new fee payment model, your fees will be netted from your available funds  before they are paid out. The fees will appear in your transaction report, financial statement, and tax invoices in Seller Hub. If you use My eBay, you will have access to financial statements and a tax invoice."

Someone is going to need to take a look at the transaction report because it is a mess, is not user friendly and woe anyone that does not know or have access to excel or something similar to use to parse the data out.

The data in the transaction report is not consistent, orders and item ID numbers are merged with no consistency, filters do not work because data is not correctly separated and there is no PDF version with totals. 

This is going to cause a lot of issues for people.

[blingfling123]

The transaction report. Here are 3 things I found in the first 10 mins of reviewing this report. 

On Shipping Labels records the Item ID is merged with the order number in the TYPE field. The Item ID NUMBER Field is blank for a shipping label record. 

This means I have to parse out the TYPE field to reconcile shipping or update shipping for a shipping label

Hold Records do not have the item ID number in the ID NUMBER Field. You now have to parse out the LEGACY ID NUMBER to strip out the Item ID.

Refund Transactions only show the order number and do not have the Item ID in the ID NUMBER Field.

[blingfling123]

The Item ID is your Primary Key in the eBay system. 

For every record that Item ID should be displayed on its own in a field for every single transaction. That is the number that is used currently on the invoice PDF, the CSV invoice and File Exchange data. 

The invoice currently has an Item ID populated for every line item with the exception of things like subscription fees. 

With losing the invoice and the added transactions that Primary Key is not displayed consistently and in some cases not at all. 

[blingfling123]

I also do not see insertion fees anywhere in the transaction report?