Banking transaction came in wrong

Let's create a new transaction to record the money received from PayPal, artofalexgross.

You can use the Bank Deposit screen to record the payment. Here are the steps.

1. Click + New, then choose Bank Deposit.
2. From the Account ▼ drop-down, choose PayPal.
3. Scroll down to the Add funds to this deposit section.
4. Make sure the total of the selected transactions matches your deposit slip. Use your deposit slip as a reference.
5. Select Save and close or Save and new.

If you need to report why the PayPal transaction is showing up as money spent instead of money received, I'll let you contact our QuickBooks Live Team. They can create a case and send it to our Product Team for further investigation. You can also contact PayPal and check if there's an issue on their end.

When everything looks good on the Banking page, you can categorize and match transactions. Then, start reconciling bank accounts. Check out these articles below for instructions and detailed steps.

• Learn how to review downloaded bank and credit card transactions and put them in the correct accounts.
• Learn how to reconcile your accounts so they always match your bank and credit card statements.

I hope you find the steps easy. Get back to me if there's anything else you want to ask. Just leave a comment below and I'll get back to you.