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Everything you need to know about banking in QuickBooks Online - Discover more
Nalika
Level 2

Paypal Account on QBO

Hi

My Paypal Account on QBO is not reconcilled and it is showing a complete different -balance to the Paypal balance of 0.00

 

how do I reconcile the paypal account? 

 

thanks

 

5 REPLIES 5
John C
QuickBooks Team

Paypal Account on QBO

Hi Nalika Have you added all the transactions that have been brought through from Paypal into QuickBooks?

Nalika
Level 2

Paypal Account on QBO

Yes I have added all the transactions. more I add the balance become more (-)

GeorgiaC
QuickBooks Team

Paypal Account on QBO

Hi Nalika, did you enter an opening balance for the PayPal account when you began using this on QuickBooks, or was the balance 0.00 at that time? 

Nalika
Level 2

Paypal Account on QBO

Hi, no I didn't add an opening balance. it took the balance from the paypal and continued.

GeorgiaC
QuickBooks Team

Paypal Account on QBO

Thanks Nalika, could you please try using the reconcile tool - this is designed to allow you to easily identify where there are missing or duplicated transactions. :balance_scale:

 

 

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