The Formula for Ebay Fees?

[towertreasuretrove]

Does anyone know the formula for calculating a Final value fee?

I sold an invoice item for $60 even and the charge came out to $6.78. T

The Ebay listing fee for the item is %10. I also live in Ontario so I suppose there is a GST of 8% in there somewhere.  I'm also a top rated seller so I think I'm getting a %10 discount on fees.

But I can't figure out a combination that gets me to a charge of $6.78! 

This is just an example and it's not the amount. I would just like to know how you get to $6.78 charge.

Thanks in advance!

[ichopshop]

Did you add in shipping in fee calculation? And isn't it HST?

Ian

[towertreasuretrove]

Thank you for asking...Shipping was a separate invoice line item. The item itself sold for exactly $60 and had a final value fee of $6.78.

[momcqueen]

Can you screenshot that part of your invoice, please? The invoices themselves can be difficult to decipher.

[lotzofuniquegoodies]

Fees will vary between store and casual seller. Unless the shipping is free, there will be a separate line for FVF's for shipping on your invoice. Handy calculator attached.

https://www.fees.ebay.ca/feeweb/feecalculator

-CM

[pjcdn2005]

$60 x 10% = $6

$6 x 13% HST = .78

$6 + .78 = $6.78

The 10% discount will be shown on a separate line on your invoice.

[billybishop72]

Thanks! I hardly ever look at my invoices (I suppose I should!) ...and this was a real brain twister for me today. I really appreciate the reply!