Determining AUD amount for digital products charged in USD
TessaB07
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Posted on
May-07-2020
01:25 AM
Hello,
I am located in Australia, but sell digital products in USD.
When someone purchases a product from me, the transaction fee is automatically debited in USD. I then transfer the remaining balance to my bank account in AUD.
For tax purposes, I need to know my sales revenue in AUD as well as the total fee amount that has been debited by PayPal. I have tried searching through 'transaction history' reports etc., but I can only find the USD amounts for sales.
Is there a way to determine what the AUD amount of the sale is before the PayPal fee is subtracted? Other than calculating it manually...
Thanks in advance!
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