GarageSale Reports function - "Profit"

[djairfix]

I use the Reports function of GarageSale to produce a sales report for my
Tax consultant.
I select the following fields for each sold item:

Final Price
Final Value Fee
Listing Fees
Item Cost
and
Profit

In my simple mind the “Profit” figure should be
Final Price - Final Value Fee - Item Cost

(I have no “listing fees” as I am an eBay Store owner)
In the Report, the above calculations do not work - ”profit” shows as a figure I do not understand.

Does anybody know how the “Profit” figure in Reports is calculated please?

Many thanks
David James

[djairfix]

OK, I’ve worked it out.

The “Profit” figure in GarageSale Reports is calculated as:

(Final Price + Postage) - Total Fee - Item Cost - Postage

Note two things:

1. eBay’s Total Fee is based on Final Price+Postage
2. the GarageSale Reports programmer assumes that the Postage charged to the buyer is the same as the actual postage. In my case, neither eBay nor GarageSale know my actual postage cost. An assumption is used in the report, and for me it is incorrect

David