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Thanks but why do we need to import PDF statements when Paypal has a bank feed?
I believe the question being asked is about foreign currency transactions coming into QBO.
However the issue more relates around Paypal than it does QBO.
Thanks anyway,
Hi All,
Can someone tell me when multicurrency for paypal (UK) bank feed will be supported again?
This used to work fine but stopped working for me around 2 years ago?
Which is the best thread/feedback suggestion to follow for when this will be fixed?
Thanks,
Good day, @jjkr.
I've seen that you’ve posted twice on the Community. My colleague Ashleigh has already addressed your concern. You can check this link to view her recommendation: https://quickbooks.intuit.com/learn-support/en-uk/transactions/re-my-paypal-bank-feed-appears-to-be-....
Our QuickBooks Support page contains resources, video tutorials, and tips to manage your company. If you need more information, feel free to visit the site.
Don’t hesitate to tap the Reply button below if you have other questions or concerns. I’ll be here to help. Have a great day and always take care!
Hello everyone,
I've asked customer care to assure me if I could import EUR transactions from my PayPal account into QB, and they told me I would have been able to do it with the multi-currency plan, which doesn't work, as I see here in the thread.
Did anybody find a workaround?
Any news from QB on the option to get implemented?
Thanks,
Dave
Hello there, @davidepannozzo.
Right now, QuickBooks Online (QBO) currently doesn't support multi-currency for PayPal transactions as any incoming or downloaded items are converted to the bank's home currency. In the meantime, you may consider using a third-party application tool to help you manage your PayPal transactions. While I’m unable to recommend you an app, to view a wide range of options, use specific keywords to narrow down the search. You can check the reviews from other customers to help you decide which app suits your business type and needs.
To look for an app, here's how:
In case you need tips and related articles in the future, visit our QuickBooks Community help website for reference: QBO Self-help.
Let me know if you have other questions. I’m always here to help. Have a great day.
Consider having a 3rd party app to reconcile your PayPal multicurrency transactions into your QBO.
Just to add
1. PayPal native app DOES NOT convert international currencies to home currency. they are just skipped.
2. There are no good 3rd party apps, or if someone knows some good and easy to use, please share.
Just to add
1. PayPal native app DOES NOT convert international currencies to home currency. they are just skipped.
2. There are no good 3rd party apps, or if someone knows some good and easy to use, please share.
@buzzquick wrote:2. There are no good 3rd party apps, or if someone knows some good and easy to use, please share.
Have you explored this one?
https://synder.grsm.io/quickbooks
Why after 4 years and countless complaints has QBO not addressed this issue. It has literally been 4 years since this thread was opened and the same problem still occurs.
I found the PayTraQer app to do exactly what I needed.
You can sync the app on QB, and the app import all the EUR transactions you need from PayPal.
It's a game-changer.
It is also a shame that QB makes us pay for an extra app for something that should be implemented directly in the software.
@davidepannozzo wrote:I found the PayTraQer app to do exactly what I needed.
Yes. It is another workaround.
https://partners.saasant.com/affiliate/idevaffiliate.php?id=5051_3
all these work arounds and here XERO just lets me use PayPal Multicurrency no problem lol
5 years
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