Paypal import to quickbooks

Forum|Forum|7 years ago
January 1, 2019
1 reply
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I have a huge mess from importing Paypal to Quickbooks. Sigh. There are a few instances that really messed things up. Do any of you know how to deal with when Paypal has 8 different transactions for one chargeback/dispute? They found in my favor by the way but left me with a mess of figuring out the details. Or when I use my credit card through my biz PayPal it imported the two transactions (money in and money out). Then there's the inability to reconcile other than doing a journal entry. Do you have a workaround or can you tell me if there are entries I should not include?

QuickBooks Desktop for Mac

Best answer by JamesDuanT

Hello thebusywoman1,

I want to know more about your concern so I can give you a hand on this.

May I know how did you connect your PayPal account to QuickBooks? Is this through Sync with PayPal or the Bank Feeds page. What steps did you take so far?

Any information and screenshots you can add would be much appreciated. Thank you in advance!

J

JamesDuanTAnswer

Hello thebusywoman1,

I want to know more about your concern so I can give you a hand on this.

May I know how did you connect your PayPal account to QuickBooks? Is this through Sync with PayPal or the Bank Feeds page. What steps did you take so far?

Any information and screenshots you can add would be much appreciated. Thank you in advance!

A

Anonymous

Hello,

I do a manual download of an iif file from paypal and then import it into QB. In Paypal you can choose between balance affecting and completed payments if you download a csv file. If you download the iif file, you only have the options of completed payments. Either way, it gave me a higher balance than I have. I just spent time on the phone with paypal and they explained how to handle some of the transactions but they have no clue how to help me reconcile my paypal account within QB.

Thank you!

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