Coping with eBay's new GST collection process. Difficult.

I purchase items for my business from eBay regularly. Now that eBay is collecting GST on overseas purchases, it seems they are creating two transactions; one being the purchase price of the item and a second one which is just the GST component. Problem is, this is imported into QBO as two separate transactions. I can record the item purchase/price OK, as a GST Free purchase but how do I record just the GST component? I hope that's clear, I probably haven't explained it the best way. Any help greatly appreciated. Anthony

Answer

Hello there, sanctumfilms.

You may need to double-check on how the settings were configured in eBay. To guide you with the right steps, I’d suggest reaching out to eBay’s support team. They can help you with the right set up and give you more details in dealing with this type of issue.

If you have other questions in QuickBooks, please let us know.

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IntuitMarnina , Community Support Specialist
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