OutrightJen
Joined: 01 Aug 2011
Posts: 1
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| Posted: Mon Aug 01, 2011 3:26 pm Post subject: Outright eBay/Paypal Integration Announcement |
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Hello Friends of Outright.com,
I'm posting here because because many of your readers are eBay sellers and Outright users who are about to be positively affected by a big change. We are pleased to announce today that, beginning later this week, Outright sellers will be able to automatically integrate transactions from PayPal AND eBay, meaning that Outright will import your eBay transaction details AND shipping costs automatically for the first time ever.
A survey we conducted in April showed that Outright users were saving an average of 5 hours per month on bookkeeping. We predict this change will help our eCommerce selling Outright users save even more time as now they don't have to manually enter shipping costs!
We would appreciate you including this news in your blogs, Facebooks or Twitter feeds, because it will require eBay users to login to Outright and choose the option of importing their PayPal transactions. The sooner eBay sellers do this the better, because it means no more manually adding in shipping costs to your Outright account.
Below my signature I've added some more "nitty gritty detail" about the change. Check it out if you have questions, but ignore if you don't. Thanks for your time and please contact me or support@outright.com with any questions!
Best,
Jennifer Escalona
(404) 939-3518
www.jennescalona.com
Twitter: @JennEscalona
To schedule a call or meeting: Tungle.me/JennEscalona
Professional writer, blogger, and social media consultant. www.jennescalona.com What do you want to say?
Historically, customers had to choose between importing from eBay or PayPal, because using both would have created duplicate transactions. Some users chose to only use PayPal, and for them, everything should remain fine. For those importing only from eBay, you will be presented with a choice to add PayPal as a source of data.
Here's what it means when you add PayPal:
1. You will now get shipping costs to go along with your sales and shipping collected information, giving you a more complete picture of your business without the extra data entry. This will only apply to sales that occur going forward - we won't be importing historical shipping costs, for fear of creating duplicates. Learn more about this at: Automatically imported shipping costs : Support
2. You will also see the outstanding fee balance in your eBay account (it will be listed under "Money I Owe" on the Overview screen,) and be able to drill in to view the fees there. More information can be found at: "eBay Seller Account" listed under "Money I Owe" : Support
3. Going forward, in addition to the individual eBay fees, you will also see the total monthly amount paid to eBay. Those transactions will show up with the category "Transfer", which means it's just movement of money between accounts, and does not impact your profit and loss. Your individual eBay fees will continue to show up as business expenses.
4. From the day you choose to add PayPal going forward, your shipping costs will show up under a new category called, surprise, "shipping costs." If you have been tracking shipping costs manually, and have another category name, you can choose to merge the two using a simple process outlined here: Just in time for tax season – improved category management | The Bottom Line
5. If you use your PayPal account for non-business related expenses, those transactions will also be imported. To quickly and easily remove them, use our "multi-edit" feature described here: How to handle non-business transactions : Support and change the category to "personal expense." |
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