FREE WORKBOOK
eBay Payout Reconciliation Workbook
Managed payments down to the bank deposit: fees, refunds, disputes, holds and the timing, with whatever will not tie isolated instead of absorbed.
Because the figure that lands in your bank is not your turnover, and treating it as though it is puts your VAT position wrong as well as your profit.
Who this workbook is for
Profitable sellers who still have weeks where the money looks wrong, and cannot see why.
The bridge, in the order it happens
Item value down to expected bank deposits, one line at a time, with the ten common reasons a month will not tie listed underneath in the order worth checking them.
A journal that has to balance
The same month as double entry, pulled from the bridge so there is nothing to retype. Debits and credits both come to the item value the buyers paid. If they do not, something was mistyped, and the sheet says so rather than letting it through.
Nothing quietly disappears into sales
Whatever will not tie goes to a suspense line and stays visible until you find it. The payout log is typed separately from the bank figure on purpose, so the two have to agree.
