Thank you for coming to the Community with your concern about categorizing your PayPal transaction, pacific1.
I'm here to help point you in the right direction for properly classifying your entry in QuickBooks Online (QBO).
A vendor is someone who sells goods or services to another company or person. A payee, on the other hand, is a party to an exchange of goods or services who receives payment. The name of the payee is included in the bill of exchange and usually refers to a natural person or an entity.
In regard to categorizing your transfer, I recommend reaching out to an accountant to determine the correct account used for the transaction. Reaching out to them ensures that your records are accurate.
This resource outlines the entire process of classifying and matching downloaded bank data. It includes a video tutorial to walk you through the steps.
You can learn more about editing, categorizing, and matching entries in the Connect to Paypal app article. You'll also find answers to frequently asked questions about the setup process, features, and compatibility, to name a few.
Reach out to me again if
This resource outlines the entire process of classifying and matching downloaded bank data. It includes a video tutorial to walk you through the steps. You can learn more about editing, categorizing, and matching entries in the Connect to Paypal app article for future reference. You'll also find answers to frequently asked questions about the setup process, features, and compatibility, to name a few.
Reach out to me again if you have any further questions about how to handle PayPal transactions or other QuickBooks-related concerns. I'll be right back in to make sure you're taken care of. Have a wonderful weekend, pacific1.
. I'll be right back in to make sure you're taken care of. Have a wonderful weekend, pacific1.
