How it works in Flippedit
Every sold item is a small statement. The revenue and fee lines come from eBay. The cost of goods (COGS) and any postage bought outside eBay come from you. Flippedit joins the two and shows profit, margin and days to sell on the sale.
Revenue and tax
Revenue is what the buyer paid, including postage. Sales tax eBay collected is shown separately and taken off, because it was never yours.
Fees as eBay charged them
Final value fees (FVF) and international fees are read per line item from eBay Finances. Promoted listing fees are net of any ad fee credits. No rate card, no estimate.
Shipping labels
Labels bought through eBay are matched to the order and land on the sale as shipping. Multi-item orders split the label across the items.
COGS follows the item
When a listing sells, its cost of goods moves from the active listing or unlisted inventory onto the sale. Matching is by listing ID first, then the eBay photo, then title and SKU.
Refunds and returns
A seller-funded refund pulls revenue back out. A refund eBay funded under Money Back Guarantee does not. If the item is coming back, its COGS returns to inventory.
Missing costs are flagged
Sold items without a COGS or shipping figure sit in a Missing tab and highlight amber. Fill them inline, one at a time or in bulk.
Margin and days to sell
Margin is profit divided by revenue. Days to sell runs from the date the item was first listed, which survives relists, to the date it sold.
Item profit is not business profit
Store fees, packaging and other overheads belong on the P&L statement, not on one sale. Net profit for the period lives there.