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June 24, 2022
Question

Is there a way to reduce a bank balance in QBO? Mine includes PayPal balance and now I want to connect PayPal. How can I reduce checking by the PayPal balance amount?

  • June 24, 2022
  • 1 reply
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I originally included PayPal in the QB checking balance. We are using PayPal more now, with daily transactions so I want to use the PayPal connector. This will bring in the PayPal bank balance, so I need to reduce checking by that amount.  

1 reply

June 24, 2022

Thank you for posting here in the Community, @info1824.

 

Let me share some insights about balances in QuickBooks Online (QBO).

 

There are factors in QuickBooks Online that affect the balance of your bank accounts. Among these elements are your downloaded bank transactions.

 

All of your transactions in the register, as well as those you haven't reviewed yet, have an impact on your QuickBooks balance. While the Bank balance is solely determined by the registered transactions. This is your actual balance from the last bank feed update.

 

I added this article for your reference about categorizing and matching transactions in QuickBooks Online.

 

Let me know if you have questions about your bank balance. The Community always has your back. Stay safe!