If you are using your Etsy CSV to track your Etsy Fees, STOP! Here are a few things to make note of from your Etsy CSV file:
• First of all, the Fees & Taxes in your financial dashboard only relates to transaction, listing and marketing fees, and does not actually include the taxes and other fees such as shipping fees, paid to Etsy. The fees associated with taxes and shipping can only be found in your Etsy CSV file.
• Second of all, the “payment” transaction is actually a transfer from your credit card to your Etsy account for insufficient funds. Not a payment from Etsy or to a costumer as you may have guessed
• Third, the “deposit” is money paid out to you by Etsy (less fees, refund). Not money given to you by Etsy.
• Lastly, you have to calculate the discounts from sales and refunds using the CSV file. Etsy does not provide this calculation