Ebay allows you to track your paid and unpaid items in My ebay, if people don t pay you can open a case which will ensure you either get your money from the buyer or your ebay charges will be waived.When you get paid for an item it might be an idea to print off the invoice so you have a hard copy which you can show the taxman.
To keep your books straight you do need to record all invoices whether they are paid or not. If you have sent items and haven t been paid for them then it is important that you show the goods as being paid for by yourself. If you print an invoice but the sale then falls through and the invoice never gets issued, then you need to do a contra entry invoice that will be the exact opposite of the original and therefore makes the total entry nil.
