Conversion rate of fees isn't calculated for $ into £
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Hi I'm having an issue when it comes to filling in my tax, whenever I make a sale I charge in dollars $ but I live in the UK so it gets converted for me into GBP £...
The problem I have is Paypal calculate and shows the net profit conversion total from $ into £ but it doesn't do it for the transaction fees and Paypal seems to have its own conversion rates separate from the rest of the world.
So basically my question is how can I figure out how much the conversion fees have cost me in my local currency GBP £ when Paypal is only showing them in $ for tax purposes so I can put down the expense.
I hope that makes sense, any information will be appreciated.
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