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avreadings
Level 1

Can I change how PayPal transactions are auto categorized in Quickbooks? They seem to log as Shipping when I rather them be Cost of Goods.

The will sometimes log as other things but when I am working on a P&L statement and need to go back in to correct the issue, its time consuming to edit 80+ transactions by hand when there seems to not be a "bulk edit" type of option or a way to change the auto categorization.

1 Comment 1
Jayson_E
QuickBooks Team

Can I change how PayPal transactions are auto categorized in Quickbooks? They seem to log as Shipping when I rather them be Cost of Goods.

Thank you for reaching out and sharing your insights on categorizing PayPal transactions in QuickBooks Online (QBO),avreadings. I understand how challenging it is to update multiple entries, especially when preparing accurate financial reports.

 

Please note that the option to change how PayPal transactions are auto-categorized in QBO depends on how PayPal is connected. If it is connected as a bank account, there could be Bank rules in place that affect the categorization of transactions. You can review and adjust these rules to better suit your needs.

 

If PayPal is connected via the PayPal app in the App Transactions window, QBO relies on the transaction details provided by PayPal during the import process to determine categorization. In this case, the program doesn't have the option to change the auto-categorization directly. You can consider reaching out to PayPal to suggest changes if you want different categorization behavior from their side.

 

You can also check out this article to help you manage PayPal app transactions in QBO: Use the Connect to PayPal app with QuickBooks Online.

 

Regarding the bulk edit option, I understand how valuable it would be to update categorized transactions efficiently. While this feature is not currently available, I encourage you to send feedback to our product developers. Your input helps drive improvements and ensures your needs are considered for future updates.

 

Here's how to send a feedback:

  1. Go to the Gear icon.
  2. Select Feedback.
  3. Enter your comments or product suggestions.
  4. Click Next.

 

Please feel free to get in touch if you have additional concerns.

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