11-17-2020 11:22 AM
I have a question on managed payments. I sold 4 identical items, all sold to US buyers. I just got my managed payments statement today and the fees don't add up. The item is $15.99 free shipping. One had a fee of $2.09, one had a fee of $2.11, and the other two had a fee of $1.95. Why wouldn't they all be the same??
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11-17-2020 11:58 AM
@evry1nositswindy wrote:I have a question on managed payments. I sold 4 identical items, all sold to US buyers. I just got my managed payments statement today and the fees don't add up. The item is $15.99 free shipping. One had a fee of $2.09, one had a fee of $2.11, and the other two had a fee of $1.95. Why wouldn't they all be the same??
I would guess the buyers were all located in different states and the sales tax rates were different. The FVF is calculated on the total amount of the sale including buyer paid sales tax.
11-17-2020 11:57 AM
taxis different in each state: Fees are charged on the tax also.
There are fees on such in MP.
Note PP also charged fees for the tax also.
11-17-2020 11:58 AM
@evry1nositswindy wrote:I have a question on managed payments. I sold 4 identical items, all sold to US buyers. I just got my managed payments statement today and the fees don't add up. The item is $15.99 free shipping. One had a fee of $2.09, one had a fee of $2.11, and the other two had a fee of $1.95. Why wouldn't they all be the same??
I would guess the buyers were all located in different states and the sales tax rates were different. The FVF is calculated on the total amount of the sale including buyer paid sales tax.
11-17-2020 12:27 PM
Okay, that makes sense. The tax doesn't show on the report, just the item total. Thanks!
11-17-2020 01:22 PM
@evry1nositswindy wrote:Okay, that makes sense. The tax doesn't show on the report, just the item total. Thanks!
You're welcome! I wish eBay would display the tax amount on the transaction report. IMHO, it would make back tracking fees and reconciliation easier.
11-17-2020 02:34 PM
Agreed! I really hadn't noticed it until now because of the quantity of the same item selling right in a row.
11-17-2020 02:47 PM
FYI, you can see the FVFs charged immediately after the sale on your Seller Hub under the Payment Tab. Lots of info there. Play around a bit with it. You will see that there is plenty there that may help you manage your payments.