QB classes eBay sales and Managed Payment Payouts as eBay income. What is the correct account for eBay Payouts to avoid income overstatement?
I’be setup a bank account called “eBay clearing”. Any money deposited to my bank account is booked to the clearing account. All sales are recorded to the clearing account. In theory, all positives and negatives clear each other to create a $0 balance.
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