I'm new to ebay and this is my first time selling, i was just wondering what i have to do when my auction ends. How do i know when the winning bidders payment has gone through to my bank?
Once the auction is over, look in your email in box, it will all become clear.
:)
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http://www.ehow.com/how_4680105_auction-professional-easy-almost-free.html
http://www.ehow.com/how_4679559_save-money-shipping-costs-ebay.html
THEN...............
Sellers will then send an invoice to the buyer for the total cost including shipping costs (although some buyers do pay before receiving an invoice from the seller.) To send invoices, you can
1. Go to your My Ebay and click the link on the page that says SOLD in the left column. On your My Ebay SOLD page, to the right of each item sold, it will say ‘SEND INVIOCE.’ Click on this to proceed with this process.
or
In the email that eBay sends you for your sold items with the buyer's name and address, there will also be a link for 'SEND INVOICE.'
PAYMENT
A PayPal payment may be made and cleared in a matter of minutes and PayPal will send you an email. HOWEVER, if a buyer is doing a bank transfer from their account to PayPal to pay you, it can take 4 to 8 days for this transfer to clear. Again, once it clears, PayPal will send you an email confirming this. NEVER send the merchandise until the payment clears.
Sounds kinda confusing but keep in mind that experience is the best teacher. Everything with the ebay process will become second nature in short order for you.