Paypal used for business expense got taken from my personal bank account

I can share some quick steps to take care of this and I appreciate you for seeing these details, @Middle_Class_Values.

When you process automatic payments using a PayPal Business account which funds are paid with your personal bank account, you can record this by creating a journal entry. This way, you can post the amounts in the debits and credits right directly to the specific account/category.

Here's how to create a journal entry:

1. On the Journal Entry page, select the expense account for the purchase on the first line.
2. Enter the purchase amount in the Debits column.
3. On the second line, select Partner's equity or Owner's equity.
4. Enter the same purchase amount in the Credits column.
5. Save the transaction.

Once you're ready, you can now create an expense or check and select your business bank account to use to reimburse the personal funds. Please follow these steps:

1. Go to the (+) New icon, then select Expense.
2. Select the (business) bank account to reimburse the personal funds.
3. In the category column, pick the partner's equity or owner's equity.
4. Enter the amount of the reimbursement.
5. Select Save and close.

For additional tips about recording business expenses you made with personal funds in QuickBooks Online, you can follow this video article: Pay for business expenses using personal funds.

If you aren't sure where to debit or credit an account in a journal entry, I recommend reaching your accountant to keep your books accurate. You can also use this link to find an accounting expert if you don't have one.

I'm always open to seeing your replies on this thread if you need more help. Thank you for posting! Have a nice day!

Ok but how do I categorize the money I received on paypal from somebody else when it doesnt pertain to my business 

Ok but what do I do with the payment i received on paypal that wasnt from my business or taxable.

After doing that I ran a report on the expense account I had put it in and its doubled and I followed the steps exactly as they say so I dont really know what I am supposed to be doing then

Thanks for updating us on this, Middle_Class_Values.

I know it's important to ensure the payment is categorized accurately. With this, I'd suggest consulting an accountant. They'll be able to guide you in categorizing the payment you receive in your PayPal account and ensure your record is accurate. If you don't have one, we can help you look for an expert through our Find an Accountant tool.

Additionally, I've included these articles that'll help you in managing your sales transactions in QuickBooks Online: View and easily manage sales transactions.

Tag me here if you have additional questions concerning QuickBooks. I'm always around to help. Have a good one.