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July 18, 2019
Question

Hi, I am totally new to QB and feeling a little overwhelmed. QB automatically uploaded all my Paypal transactions but they are showing in USD rather than UK£?

  • July 18, 2019
  • 2 replies
  • 0 views

I manually uploaded a few and they have correctly arrived in UK£. 

Am I stuck with the automatically uploaded ones?

2 replies

July 18, 2019

Hello Sazmo2005,

 

 

Thanks for your post and welcome to the community. 

 

Can you check the currency of the Paypal account in QuickBooks by going to Accounting > Chart of accounts > locate Paypal account and click 'edit' on the action column drop-down.

 

If the currency is set to USD you will need to disconnect the Paypal account (tick 'disconnect this account on save' here) and create a new chart of account for Paypal in QuickBooks with GBP currency, then connect the Paypal account to this.

 

Let us know if this does not fix the problem :)

Sazmo2005Author
July 18, 2019

@GeorgiaC wrote:

Hello Sazmo2005,

 

 

Thanks for your post and welcome to the community. 

 

Can you check the currency of the Paypal account in QuickBooks by going to Accounting > Chart of accounts > locate Paypal account and click 'edit' on the action column drop-down.

 

If the currency is set to USD you will need to disconnect the Paypal account (tick 'disconnect this account on save' here) and create a new chart of account for Paypal in QuickBooks with GBP currency, then connect the Paypal account to this.

 

Let us know if this does not fix the problem :)


 

July 18, 2019

Hey Sazmo2005,

 

My apologies - the steps above were for Online and I can see you're using Desktop.

 

You can access the chart of account from any of the following menus; Company, Lists, or Accountant, or by pressing Ctrl + A on your keyboard.

 

Thanks!

 

 

Sazmo2005Author
July 19, 2019

@GeorgiaC wrote:

Hey Sazmo2005,

 

My apologies - the steps above were for Online and I can see you're using Desktop.

 

You can access the chart of account from any of the following menus; Company, Lists, or Accountant, or by pressing Ctrl + A on your keyboard.

 

Thanks!

 

 



@GeorgiaC wrote:

Hey Sazmo2005,

 

My apologies - the steps above were for Online and I can see you're using Desktop.

 

You can access the chart of account from any of the following menus; Company, Lists, or Accountant, or by pressing Ctrl + A on your keyboard.

 

Thanks!

 

 


 

July 19, 2019

Hello Sazmo2005

 

The Self Employed product does not support  multi currency or Paypal accounts with multi currency in.

Are the Paypal transactions in GBP on the Paypal statement or do they show in USD and then on the statement  is it showing an additional column with the conversion to  GBP?

 

Thanks

 

Emma