Good day, @gonetravellingpr.
I'd be glad to share insights on how we can categorise transferred transactions in QuickBooks Online (QBO). Normally, we can simply match a transfer in your Banking feeds if the downloaded transactions are having the same amounts.
Since your downloaded transactions don't have the same value, we can perform a series of steps to match them in both accounts.
To start, let's record the transferred payment using the Transfer feature in QuickBooks. Here's how:
Once done, create a Bank deposit. Check the box of the transferred transaction in the Select the payments included in this deposit section. In the Add funds to this deposit area, create a fee account and record the fee from this column. (Please reach out to your accountant if you need help in creating an account to track fees in QuickBooks.)
Once done, you can now match each transaction to your PayPal and personal accounts in QuickBooks. With regards to the downloaded fee in your PayPal account, I'd suggest excluding this since the fee was actually deducted from your personal bank.
You can always add your reply to this thread if you need further help in handling your downloaded transactions. Have a good one.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.