Reconciling eBay final value fees in QuickBooks goes wrong the moment they're treated as one lump deduction instead of a per-sale fee that has to be broken out and dated to match the payout it belongs to.
Convert your ebay file - done-for-you from $149
eBay's final value fee is calculated per transaction based on category and total sale amount, including shipping the buyer paid. Two sales with the same list price can carry different final value fees, so a flat percentage estimate booked in QuickBooks will drift from the actual fee eBay charged.
If a sale came through a promoted listing, an additional ad fee is deducted alongside the final value fee — both coming out before the payout is calculated. Booking only the standard final value fee and missing the promoted listings charge is one of the most common reasons a payout comes in lower than expected.
A sale made near the end of one payout cycle can have its final value fee deducted in the payout that closes after it, not the one active on the sale date. Reconciling fee-by-fee against the wrong payout period will never tie out cleanly.
FootingKit converts your eBay Managed Payments report into a QuickBooks- or Xero-ready entry that breaks out final value fees, promoted listings fees, and any fee credits line by line, dated to the actual payout period. Every payout is verified to net exactly to its bank deposit, or the conversion is flagged and re-run — free.
When a sale is refunded, eBay typically credits back the associated final value fee. FootingKit tracks that credit against the original sale's fee line so it doesn't appear as unexplained income in a later period.
Convert your ebay file - done-for-you from $149
Get your settlement reconciled - done-for-you from $149
FootingKit converts marketplace settlement reports into QuickBooks- and Xero-ready books, footed to the penny.