Hi,I process a lot of ebay sales and payments.I'm trying to forward my emails from paypal for each sale, to match the receipt with each transaction on quickbooks.The email states the payment received but does not include the deduction for paypal fees.However the account statement with my linked paypal account does include the deduction for paypal fees.Ie. I received a payment of £4.85 according to the email, however the statement says it is £4.40.How can I automatically sort these receipts to make them match the payments in quick books?
Good day, dudeyds.
I can help match the Paypal payments with your forwarded receipts in QuickBooks Online (QBO).
Let's add the PayPal fee as we deposit the invoice payments to your register. Here's how we do it:
Then, create a Bank Deposit and enter the fee as a negative amount. Please follow the instructions below:
After utilizing the Receive payment option in the program, you can proceed to the Banking page. Then, match the transaction you've manually created in QuickBooks and the downloaded ones.
Here are the steps on how to do it:
In addition to that, you visit these links about reconciliation in QBO:
Should you need more help in matching transactions in QuickBooks Online, please let me know.
As another option, explore this connector to reconcile eBay and PayPal transactions into your QBO easily.
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