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Accounting For Trading On Online Platforms

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Author Previous TopicReplies: 2 / Views: 841Next Topic  
Pillar of the Community
Slerk's Avatar
Russian Federation
1555 Posts
 Posted 10/26/2021  9:15 pm Show Profile   Bookmark this topic Add Slerk to your friends list Get a Link to this Message Number of Subscribers
I am doing a small sale on ebay. At the moment, I'm selling coins. which I'm not interested in anymore. I bought some of them for a certain amount and would like to know if I'm going to plus or minus. How and in what way do you keep records of sales on platforms like ebay.
Pillar of the Community
Slerk's Avatar
Russian Federation
1555 Posts
 Posted 10/26/2021  9:18 pm  Show Profile   Bookmark this reply Add Slerk to your friends list Get a Link to this Reply
After the introduction of the ebay Payoneer system, I did not understand anything, although I understand that the new system is much more convenient. But now it's a problem for me to calculate all the taxes that ebay and Payoneer charge.
Pillar of the Community
Slider23's Avatar
United States
4468 Posts
 Posted 10/28/2021  10:12 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Go to ebayfeescaculator.com and you can figure out your cost of sales. It will give you a start on the profit and loss for each coin. I did not see anything on the site for Russian currency exchange. I am not familiar with the Payoneer system.
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