The Currency converter is compulsory to have when Shopify currency is different from the currency in use for your eBay accounts. To configure the currency converter you need to select Yes from the drop-down for the query Enable Currency Converter. The app doesn’t ask for currency conversion when the Shopify store and eBay account belong to the same region.
Now you get the option to convert the Shopify store currency to eBay account currency under respective accounts tabs.
eBay Currency is the value of 1 Shopify currency value. I.e. Suppose you sell a t-shirt for € 2 on Shopify. The currency converter will help to get this converted into your eBay shop’s currency. Thus, this t-shirt would appear to be $ 2.10 on eBay.com (United states website).
1 EUR = 1.05 USD
Note: Under eBay currency, you have to provide the conversation rates for each account by selecting them with respect to the eBay website you have connected to the app.
VAT is the percentage rate that will be charged to buyers when an item is purchased from your listing. Enter your VAT percentage after confirming whether you are a Business seller and whether the account is only for business.
Select whether or not you are a business seller, followed by selecting whether your eBay seller account is purely restricted to business or not. Once done, enter the VAT percentage you’re supposed to deduct from the buyers for each purchase.
Note: VAT is not applicable to all countries, including the US. Allowed VAT percentage rates can vary by region/country. Only enter the rates you are legally required/allowed to charge.