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T
Talha_accountant
April 11, 2021
Question

Transaction categorize

  • April 11, 2021
  • 1 reply
  • 0 views

I am Matching my PayPal transactions with my invoices but PayPal fees automatically categorizing in "Undeposited Funds. If I try to change the account, it's asking to Undo and match again. 

 

After doing all process again, it's categorizing wrong & wrong again.

 

Please suggest how can i solve it?

 

Talha

1 reply

RenjolynC
RenjolynC
April 11, 2021

Hello, Talha.

 

To clarify, did you create a separate deposit from PayPal to your other bank account? To clear out the balance in the Undeposited Funds account, you can record a bank deposit in QuickBooks. Make sure to include the invoices so you can match the transactions in the Banking page after.

 

I've got a few articles that includes more information about the process:

 

Please let me know if you need anything else. I'll be around to help you out some more. Stay safe!

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