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Differences between Connect to PayPal app, Sync with PayPal app, and PayPal Bank Feeds

by Intuit•3• Updated 4 months ago

There are 3 ways to connect PayPal to your QuickBooks Online account. The main difference between the connections is the way certain transactions are handled and the transaction details that are imported. This difference is described in the tables below:

Transactions importedAll balance impacting transactions only
Sales transactionsImported along with tax, fees, and other details, with the option of a Sales Receipt or Deposit
TransfersImported (default categorization)
ExpensesImported (user categorization options)
User's primary benefitReview transactions before adding to your books, detailed sales transactions, categorized expenses and transfers
User's primary limitationCurrently, multi-currency is not supported

Intuit and PayPal have worked diligently to provide a solution that merges Sync with PayPal and PayPal Bank Feeds into one. You can try the Connect to PayPal app here.

Transactions importedAll types*
Sales transactionsImported along with tax, fees, and other details breakup
TransfersImported (default categorization)
ExpensesImported (default categorization)
User's primary benefitDetailed sales transactions, help with accounting
User's primary limitationThe user has to manually categorize vendor payments and move funds to banks (if necessary)

*Except PayPal Credit and cash transactions.

Transactions importedAll types
Sales transactionsImported (only summary)
TransfersImported (detailed categorization)
ExpensesImported (detailed categorization)
User's primary benefitCategorized expenses and transfers
User's primary limitationUsers do not get detailed sales transactions

What are the non-supported transactions?

Here are some of the non-supported transactions:

  • Authorization
  • Fee Reversal
  • Temporary Hold
  • Reserve Hold
  • Pending Balance Payment
  • Pending Balance
  • Gift Certificate Fund Transfer
  • Gift Certificates and Cards Redemption
  • Gift Certificates and Cards Refund
  • Pay After Delivery
  • PayPal Extras MasterCard® Cash Back
  • PayPal Services Credit Received
  • eBay MasterCard Cash Back
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