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theresa23
Level 1

I receive money/and make payments via PayPal. I noticed that the income through PayPal was categorized as expense. How can I change these transactions to income?

 
2 Comments 2
Adrian_A
Moderator

I receive money/and make payments via PayPal. I noticed that the income through PayPal was categorized as expense. How can I change these transactions to income?

We can categorize the transactions by going to the For Review tab, theresa23.

 

Let me guide you with these steps:

 

  1. From the Transactions tab, select Banking.
  2. Go to the For review tab.
  3. Locate the transactions and click Review.
  4. Click the Categorize button.
  5. Under Category, select an income account.
  6. Click Confirm.

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Once done, you're good to reconcile the transactions: Reconcile an account in QuickBooks Online.

 

As always, I'm just a post-away if you ever you need help. Have a good day!

Fiat Lux - ASIA
Level 15

I receive money/and make payments via PayPal. I noticed that the income through PayPal was categorized as expense. How can I change these transactions to income?

@theresa23 

As another option, utilize this connector to reconcile PayPal transactions easily.

https:// synder.grsm.io/quickbooks

 

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