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Level 1

I have 6k transactions from paypal, 98% sales. I can't seem to get rules set up to place all the legitimate 'sales" to apply to a paypal income and add them automatically

I know I have refunds and purchases to filter out but I can't seem to get it to just add all the incoming transactions as "sales" and add it to the account so I can just deal with all of the other transactions. I have SO MANY individual transactions that it seems insurmountable. Please advise.
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QuickBooks Team

I have 6k transactions from paypal, 98% sales. I can't seem to get rules set up to place all the legitimate 'sales" to apply to a paypal income and add them automatically

Let me help with this concern, @clayton-pfingsto.

 

You can still set up bank rules for these transactions to easily categorized them in QuickBooks. After connecting your bank and credit card accounts, bank rules help you control, customize and automate how QuickBooks categorizes them if a match is not found.

 

It would be best to establish conditions that will work for all of your transactions. We can simplify the modification of rules so that the system can easily recognize these bank feeds.

 

In addition, if you try to add multiple conditions the rules will most likely not work. If you have a rule that just does not seem to capture the way you would like it to, check the All or Any settings. 

 

The All setting is best used when trying to dingle out specific transaction types with unique values. While the Any works great when you have a vendor that uses multiple variations and you want to use one rule to capture each of the variations.

 

You can also check this link for additional information on how QuickBooks manage bank rules: https://www.firmofthefuture.com/content/tips-for-working-in-quickbooks-onlines-bank-feed-managing-ba....

 

I'm always here to help if you have any other concerns or questions. Just tag my name in the comment section and I'll get back to you as soon as I can.

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