When linking a PayPal account it defaults to one income account. This is creating a ton of manual work. Anyone know how to automate this for different items QBO?

Hello, mycontadorinc.

When you're using the Paypal app, it will only let you choose one income account. You can use the Paypal Bank Feeds instead. This way, when the transactions are downloaded, you can choose what income account it will go.

First, create a Paypal bank account. Here's how:

1. Click Accounting, then choose Chart of Accounts.
2. Click New.
3. Choose the Account and Detail Types.
4. Enter the desired name, then the balance.
5. Click Save and Close.

Then, let's connect it to the system. Here's how:

1. Click Banking, then choose Banking.
2. Click Add account, then search Paypal account from the list.
3. Enter your credentials, then click Continue.
4. Choose the Account type, then choose either a Bank or Credit Card account.
5. Click Connect.

When the download is complete, you can see the transactions in the For Review tab. You'll just have to add or match the transactions.

If you have other questions, you can post anytime. Have a nice day!

The direction given in this post is "how to create a Paypal bank account", but leaves important questions unanswered.

1. Click Accounting, then choose Chart of Accounts.
2. Click New.
3. Choose the Account and Detail Types. Which account and detail types?
4. Enter the desired name, then the balance.
5. Click Save and Close.

Then, let's connect it to the system. Here's how:

1. Click Banking, then choose Banking.
2. Click Add account, then search Paypal account from the list.
3. Enter your credentials, then click Continue.
4. Choose the Account type, then choose either a Bank or Credit Card account. A bank account  is an asset account and Credit Card Account a liability account.  (Major difference) Which is to be chosen for the PayPal account? 
5. Click Connect.

Does anyone have an answer to the questions in red?

I am needing the same help with the questions posted by the last person on Saturday.    I hope someone can answer these additional questions posted in red.  

Hi, Gingerdale.

If you're going to connect your PayPal account through the Banking page, you can select the Bank as the Account Type and for the Detail Type, most users choose the Checking account.

To know more about the PayPal app, the following articles are good references:

• Connect to PayPal FAQ.
• Use the Connect to PayPal app.
• Differences between Connect to PayPal app, Sync with PayPal app, and PayPal Bank Feeds.

If you need additional assistance with connecting your PayPal account or anything with QuickBooks, please let me know. I'd be happy to help. You have a great rest of your day!