Order Details

[stephenmorgan]

Can someone see what it is that I am adding wrong on these Order Details Payment summaries?  I have several also seem to be miscalculated.

When I total up all the numbers I have a different number.  I am off a penny and can not see where.  Maybe my calculator needs to be recalibrated?

 

[12345jamesstamps]

Something was probably rounded off to the nearest cent.

I guess a penny saved is a penny earned. No pun intended...but had to say it.

[silverstatetreasureboxes]

@stephenmorgan 

Lol, you are correct and ebay has failed basic math.

[susanb1872]

If you notice, ebay's calculation of order earnings does not add to $11.56-it should add to $11.55 based on the numbers shown. When you have FVF of 13.6% or whatever, there is bound to be some rounding issues.

[stephenmorgan]

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@12345jamesstamps wrote:

Something was probably rounded off to the nearest cent.

I guess a penny saved is a penny earned. No pun intended...but had to say it.

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Last year I had a heck of time trying balance the 1099K with the Order Details because of these rounding errors.  All of the different reports available were off so I made everything agree with the entries in the 1099K Detail Report.  I am trying to have better documentation this year but I already have six errors.  

[slippinjimmy]

eBay fee calculations have always been to 3 decimal places, before Managed Payments when we had monthly invoices there was a notice on the invoice that rounding was used but it never amounted to more than 1 (possibly 2?) cents on a month of sales, The rounding could be either a plus or a minus.

[stephenmorgan]

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@slippinjimmy wrote:

eBay fee calculations have always been to 3 decimal places, before Managed Payments when we had monthly invoices there was a notice on the invoice that rounding was used but it never amounted to more than 1 (possibly 2?) cents on a month of sales, The rounding could be either a plus or a minus.

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That is what I noticed last year.  I found many rounding and it could be plus or minus.  This year I know to just use the 1099K Detail Report and make the plus or minus adjustments as to how it is recorded on that report.