Thanks for your help with the ATO reporting. Greatly appreciated.

I am n the AU site but when I went to see how much I have sold for this financial year it is in US Dollars not AU Dollars.

SO was not sure how this worked out for tax

thanks again

Helen, are you sure you were logged into the AU site when you checked your figures.

When I look at your listings they are all in AU$ so there should be no US$ to be seen.  Is your paypal account set up to accept AU$ or US$?

Yes definately logged in to AU site.

When I looked under the Seller Dashboard page, under Power Seller No of Sales. When I clicked on this it states total sales for the period July April 2015 in US Dollars.

Have also checked Paypal but cannot find where to check if it is is US or AU Dollars ????? I assume it is AU dollars. Can you let me know where to find this info please

thanks again for your help lyndal

Helen - the Seller Dashboard always shows the figure in US dollars

 

In Paypal Click on the Activity Tab, then click on the statements tab and you can download a report based on the dates you require

thanks so much

I rang Ebay CS to see if they could advise me of total sales etc for this financial year.

Was told they only keep records for 3 months.

I then asked how they calculated $$ sold to advise the Aust Taxations department. The CS officer could not tell me how they calculated $$ amount if they did not keep records of sales for the past 3 months.

On the Seller Dashboard it states my sales in US dollars. I then asked how i could check this amount??

Was told I there was no way to check this $$$ amount

I certainly will be keeping records of my own sales from now on

I would have assumed $$ SOLD would have shown on invoices..but they are not there only Fees charged!

So frustrating and time consuming and makes me wonder how accurate the sales $$ figures are. Does it take into account Items not paid refunds etc etc

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAGGGGGGH

Helen, if you have a store there's a pie chart on your invoice and it's got your monthly sales figure next to it in AU dollars, along with the amount of your ebay fees.  There's a bit immediately under the pie chart explaining what's included in each figure and what isn't.  Any postage labels you printed aren't included in the fee amount, though you can customise your invoices so it's added in if you want. 

 

Any cancelled or unpaid sales are included in the sales figure so you'll have to subtract those to get a true figure.  I don't know how far back you can go to see your invoices but it's a lot more than 3 months.  I'd prefer to keep my own records for sales anyway but I just write up the fee amount once a month rather than working it for each transaction. 

 

I never post anything without checking my pp account to see that the money is actually in there, and while I'm in there I check the amount of the fee and write it in a column beside the details of the sale.  All I have to do is add that column up once a month, along with the total amounts of each transaction.  I sell multiples of lower value items but it still doesn't take long to add up.  I've been selling off a heap of personal stuff so looking in my paypal account wouldn't help.  I sell them on a separate ID to make my bookwork easier.

thanks so much

 

WIll check the invoices

 

And will certainly now do it once a month as you have suggested.

 

Really appreciate everyone's help

 

THANK YOU

Helen as I have previously pointed out, the current ATO advice is asking for figures for the 2014 tax year.....make sure you are checking the correct year or you will be wasting your time. 

You still have several months to catch up on this years figures.

thanks Lyndal

 

Will do 

 

I have a lot of work to do!!