Step 2 - Confirm VAT rates (if VAT registered)īy default, the following VAT rates are in this sheet: □ If you add any transaction types be sure to update the conditional formatting dropdown used on the main Transactions sheet. Our guide to eBay fees will help you learn about the different eBay fees. You could, of course, add more such as eBay Shipping and eBay Shipping Refunds or break down your fees into the individual fee types. It's up to you to decide how you want to account for your eBay revenues, but a clean approach would be to use these defaults. Step 1 - Confirm the Transaction Typesīy default, the following transaction types are in this sheet: The eBay spreadsheet template contains 3 sheets: Transactions, VAT Rates and Transaction Types. □ Download our eBay seller accounting spreadsheet here □ If you're VAT registered, then you probably shouldn't be using a spreadsheet for your bookkeeping because HMRC now requires all VAT returns to be submitted through Making Tax Digital approved software such as Xero or QuickBooks. ![]() We highly recommend that users seek advice from qualified accountants for their tax compliance.Īs we discussed in our article on the best eBay seller accounting software, it's important to know if using a spreadsheet for your bookkeeping is right for your eBay business.Įssentially, if you are just starting out as an eBay seller or are still a relatively small business, then a sales tracking spreadsheet could be perfect for you. We are not Tax Advisors and so our advice and suggestions on the application of tax rules cannot be construed as tax advice. You can download our eBay excel spreadsheet for free and use this article to walk you through it. If you're an eBay seller based in the UK looking for a free eBay seller bookkeeping spreadsheet, then you're in luck.
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