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For People Who Love To Talk About Stamps



What we collect!
What we collect!


Off Topic/Non-philatelic Disc. : Getting paid on ebay has changed

 

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philb
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11 Dec 2020
10:12:49am

Auctions
This is kind of a mixed blessing for me....its good not to have the paypal fee..but i used my paypal account as a kind of keeping score of what i sold and what i bought. Stamps sales went into my paypal account which i used to make stamp purchases on Stamporama and Ebay. It will be difficult to notice stamp sale going to my bank account.
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"If a man would be anything, he must be himself."
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11 Dec 2020
10:46:12am
re: Getting paid on ebay has changed

Yes, managed payments has its challenges and if you file business taxes you will need a manual spreadsheet to keep track of things. Some data is only available for 3 months so you need to stay on top of it.

You might want to subscribe to Ina Steiner's newsletter (free) for weekly updates on what is new in the world of ecommerce. There is a lot to watch out for.

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philb
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11 Dec 2020
02:05:50pm

Auctions
re: Getting paid on ebay has changed

I guess so ! I just saw the ebay email a day or so ago.

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"If a man would be anything, he must be himself."
        

 

Author/Postings
Members Picture
philb

11 Dec 2020
10:12:49am

Auctions

This is kind of a mixed blessing for me....its good not to have the paypal fee..but i used my paypal account as a kind of keeping score of what i sold and what i bought. Stamps sales went into my paypal account which i used to make stamp purchases on Stamporama and Ebay. It will be difficult to notice stamp sale going to my bank account.

Like
Login to Like
this post

"If a man would be anything, he must be himself."
Members Picture
Webpaper

11 Dec 2020
10:46:12am

re: Getting paid on ebay has changed

Yes, managed payments has its challenges and if you file business taxes you will need a manual spreadsheet to keep track of things. Some data is only available for 3 months so you need to stay on top of it.

You might want to subscribe to Ina Steiner's newsletter (free) for weekly updates on what is new in the world of ecommerce. There is a lot to watch out for.

Like
Login to Like
this post
Members Picture
philb

11 Dec 2020
02:05:50pm

Auctions

re: Getting paid on ebay has changed

I guess so ! I just saw the ebay email a day or so ago.

Like
Login to Like
this post

"If a man would be anything, he must be himself."
        

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