When you link a bank account with PayPal, PayPal makes 2 small deposits and one small withdrawal of an equal amount so as to verify the account. Importing my PayPal account into QBO, the deposits are categorized as “sales” and the withdrawal as “bank charges and fees” (as an expense). What categories should the deposits and withdrawal be listed under?
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.