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Ebbage
Level 1

PayPal Integration - How or does this work?

Hi Everyone,

 

I am really struggling to see if the PayPal integration works and/or how it works. Also just to confirm withe bank account it is linked too, any income/expenditure needs to transfer to the PayPal account? and how does this pay off the invoice/pay for the bill?

 

any support would be great.

 

thanks,

Ryan

 

3 REPLIES 3
Ashleigh1
QuickBooks Team

PayPal Integration - How or does this work?

Hello Ebbage, 

 

The way to see if paypal is connect is if you go to the banking tab, it will show boxes of what accounts are connected within your quickbooks so there should be one that says paypal.  To pay off the invoices or bills if you just choice the bank account then can just match  it in the banking page and then just exclude any paypal transactions that come in. 

 

 

Ebbage
Level 1

PayPal Integration - How or does this work?

Hi Ashleigh, 

 

Excluding the transactions will make it impossible to reconcile the account. From my research and viewing on forums online, people say this needs to be transferred between the two accounts. 

GeorgiaC
QuickBooks Team

PayPal Integration - How or does this work?

Hi Ebbage,

 

 

You are correct that you would then be unable to reconcile this account in QuickBooks, without keeping note of the transactions excluded. 

 

If you mark sales income in the PayPal feed as a transfer to the bank account in QuickBooks, this will show as a match in the bank account feed. Selecting 'Match' here will then record this as a transfer deposit of money into the bank account, instead of recording this as a sale. 

 

If all money is transferred from and to the bank account you would not need necessarily need the PayPal account connected, as you would add (or match to relevant invoice/bill) all transactions from here.

 

 

Thanks :) 

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