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ebay and paypal

Sage 50 general help forum - Free help and support for all general issues
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jenodorf
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Joined: 26 May 2009, 12:23

ebay and paypal

Post by jenodorf » 04 May 2011, 14:46

Hi

set up a company to handle our ebay sales. Added products etc that we sell. Whats the best way to input both ebay and paypal charges which vary of course depending on what is sold.

Do I add them as a product?

thanks

Ian
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leyburnsolutions
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Sage Version: v2014 20 UK/Europe/Africa

Re: ebay and paypal

Post by leyburnsolutions » 04 May 2011, 16:57

Assuming you pay your eBay fees through PayPal, I'd suggest setting up a bank account in Sage for PayPal and post all your receipts to that account. Then, when you come to pay the fees, post bank payments.

That way, the balance left on the PayPal account is the money you actually receive and can be transferred to your 'real' bank account.
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jenodorf
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Re: ebay and paypal

Post by jenodorf » 04 May 2011, 18:12

Thanks for the advice

Ian
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