Skip to main content
J
Joanne Jackson
February 6, 2024
Question

Ebay shipping label and PayPal duplicate transactions

  • February 6, 2024
  • 1 reply
  • 0 views

Hi, hoping someone can help save my sanity?

 

I'm using QBSE

 

I have an Ebay shop (UK if that makes any difference) and buy my shipping labels via Ebay with Paypal. I'm just trying to tidy up my accounts and noticing it's duplicating transactions between bank and PayPal. 

 

It's showing the money charged for the label by paypal. but then also shows as a credit / transfer to bank account. It makes it look like a business cost and then also business income. I've taken a snip of this.

 

I'm going through manually excluding all of the transfers as this seems to be falsely increasing my profit as it's not true income. But honestly, the idea of going through hundreds of transactions is not appealing. I've done 2 months worth at the moment and this can't be right?

 

Is there an easy way to deal with this? Can I bulk exclude these duplicates?

 

Thanks!

1 reply

A
AileneA
February 7, 2024

I'll help you batch-exclude the duplicate transactions, Joanne. 

 

I have some helpful processes that can assist you in clearing out any double entries in your account. One effective way to address this issue is by mark-checking all the duplicate entries and excluding them instantly. I understand that this can be time-consuming, but I'm here to help you with the necessary steps to accomplish this task efficiently.  
 

  1. Go to the Transactions menu.
  2. Locate the transactions you want to exclude and put checkmarks on them.
  3. Select the Exclude.
  4. Click Apply.

 

 

 

We can ensure that your account is back on track and free of any double entries that may be causing confusion or errors. For more comprehensive information, please refer to this article: Exclude or delete transactions in QuickBooks Self-Employed. 

 

Additionally, to quickly categorise transactions, create rules for faster reviews. By creating rules, you can automate the process of categorising your transactions based on specific criteria, such as the transaction amount, the merchant, or the payment method used. This way, you can quickly identify and review your transactions without manually sorting through each one: Create bank rules to categorise banking transactions in QuickBooks Self-Employed.

 

Please feel free to contact us anytime if you require assistance with tasks in QuickBooks. Our team is available 24/7 to help you. Additionally, if you have any other QuickBooks-related concerns, you can use the REPLY button below to get in touch with us. We are committed to assisting you once again. Thank you for choosing QuickBooks, and we wish you all the best for your business!

Terms & ConditionsAccessibility statement