Difference between Net income vs payment

[TherbisStudio]

Hello there, I´m a German seller so I don´t know if anyone could help me since I saw the finances tab looks different for me than for example American sellers.
SO my issue, I noticed that what I get shown as my net income a month is often hundreds lower than what I get actually paid. The taxes and fees get taken off already so the net win should be what I receive right?
It can´t be due to delayed payments from orders I think since if I maybe don´t have any new orders after the payment day for a week, there won´t be anything adding up that might have been hanging in the pipeline still.
So this makes me really curious, anyone can explain this to me or am I being bamboozled somehow? xD

[JJewellerySuppliesUK]

Download the CSV for actual figures. 

[PillowDetails]

Where are you seeing your Net income, on Etsy?  Just curious.  I consider my net income is after my fees, and then subtract my material and shipping costs.

* Hopefully the answers in this thread will be helpful -

https://community.etsy.com/t5/All-Things-Finance/How-do-I-work-out-my-net-profit/m-p/131120719

[HazelsSewingSupplies]

I think she probably means "net profit" - the numbers on that should jibe.  Or at least, mine do.

Which is by no means real "net profit"....lol

[MangomiaJewelry]

Could it be the fees for listings prices or add that they take off?

[TherbisStudio]

No it says the net profit would already be with fees taken off

[CraftyCornishMaids · Accepted solution]

"net profit", is just income less all fees for the calendar month.

Etsy doesn't pay on a monthly basis, so deposits will never match the monthly figure

and if you are set to pay monthly, etsy pays on the first Monday of the month, so a weekly schedule of every 4-4-5 weeks, not actually monthly

also if you are ever on hold or reserve, where your fees are taken straight away, but money held for 14 days +, then it will be way out.

the finances - payment account has the details, and should be correct.

[TherbisStudio]

It says on the net profit for me that it´s already all fees taken off, even if it wasn´t it wouldn´t fit with the shown fees and taxes taken off.
But it might just be the inbalance of payout vs wandering money, it´s really not done well to keep track u.u

[CraftyCornishMaids]

The figure in the overall  number, is the figure with all the fees taken off, it is the stats for the month

It is nothing to do with what is actually transferred to your bank in that month

that will depend on your payment schedule, and if you are on any sort of hold or reserve.

You are right, it is not done well, but it's the way it works.

[PaperButterflyForge]

Etsy's current description of net profit is much improved from what they used to do!  However, the CSV monthly report will have more accurate numbers.  It's a transaction list and includes all the fees and income.

I download the CSV report each month.  Separate all the sales into one sheet and then add up the fees on another spreadsheet.  The difference is technically your 'gross sales' in the US.  For taxes you have to compute the cost of good sold and other business expenses for your US income taxes.

The CSV is an exact number.  The dashboard is great for estimates, but it doesn't include everything that you need for US taxes.  I'm not sure about the German tax requirements.