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Ingrida1
Level 1

Ebay managed payments and FRS

Hi all,

I need help with the Ebay payouts and VAT flat rate scheme- I can not manage that :(. I did automatet Ebay integration via Onesaas, so Ebay payouts coming with the Net value, but I need Gross for FRS. If I rising invoice with a Gross and matching it with bank transactions, my sales gets double. What I am doing wrong? Any tips would be helpful.

Thank in advance

Ingrida

Solved
Best answer July 10, 2022

Accepted Solutions
JessT
Moderator

Ebay managed payments and FRS

Hi Ingrida,

 

I see the importance of having the gross amount instead of the net value of your transactions for VAT reporting. I recommend checking this with OneSaas since we have no control over the amount of the transactions sent by third-party apps.

 

On the other hand, if you want to check out some references about VAT, you can follow this link: https://intuit.me/3OVpvzW.

 

I'm just right here if you have more questions about QuickBooks. Have a good one!

View solution in original post

1 REPLY 1
JessT
Moderator

Ebay managed payments and FRS

Hi Ingrida,

 

I see the importance of having the gross amount instead of the net value of your transactions for VAT reporting. I recommend checking this with OneSaas since we have no control over the amount of the transactions sent by third-party apps.

 

On the other hand, if you want to check out some references about VAT, you can follow this link: https://intuit.me/3OVpvzW.

 

I'm just right here if you have more questions about QuickBooks. Have a good one!

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