mark227
Level 1

If I add a transaction on my CC, and also on PayPal using "Record as credit card payment" will the transaction be recorded twice, or should I exclude on PayPal

I use PayPal to transact with some merchants with the credit card that is also synced to QB, so the transaction is already logged on the CC account.
JasroV
QuickBooks Team

Banking

It will be recorded twice in your QuickBooks Online (QBO) account since both your PayPal and credit card account is connected, @mark227.

 

To be guided more about this, I recommend working with your accountant for additional guidance on which account to exclude. This way, we can guarantee your accounts are properly recorded after adding a transaction. If you’re not affiliated with one, you can visit our ProAdvisor page and look for one from there.

 

In addition to this, you can also check this link that can walk you through the steps in reconciling your accounts effectively: Reconcile an account in QuickBooks Online.

 

If you have other concerns or questions in mind, you can always get back to me in this thread. I’ll be around to help you. Keep safe.