Hi
I ( and I believe many others) are confused about the merchant settings and calculation or fees.
1. Does anyone have a quick guide on how to correctly calculate the fees?
2. I have created a new user type and assigned a fee for the sale of their products in the profile settings page. Do I also have to define the merchant fee on the product details page too? Or is the fee calculated automaticly by the options in the Profile settings?
3. Lets say I am selling a product for 100 and bought it for 20 (selling price 100, buying price 20.)
4. I want to give 65% of the profit to the merchant, what value do I put in the profile settings for the user type?
Some of the products will have varioous options, is the fee calculated correctly if i use "percentage per selling price - buying price"? or do I have to use percentage of selling/option price?
As you can see, I'm confused.
I have tested a couple of purchases but the values of the fees are not what I expected.
HELP!!
alkatraz
28 Sep 2007 5:14 PM
I too would be interested in answers to these questions.