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August 5, 2021
Question

How to deal with Paypal Balance

  • August 5, 2021
  • 1 reply
  • 0 views

I have a few transactions from Paypal, where the amount shown in QuickBooks doesn't match the true cost of the item/s, as I had some remaining balance in PayPal and it's showing the amount minus whatever it's taken from my PayPal balance. Do I have to remove the transaction and manually add it again including the amount from the PayPal balance. Or is there an easier / better way of doing this.

 

Thanks,

 

Josh

1 reply

August 5, 2021

Hello Josh, 

 

Welcome to the Community page, 

 

so yes you can add it manually or you can add as is and then do separate expense for PayPal charges. So what you are saying is the best way to just add the transactions manually minus the fees. so you can either do that or add in without fee as income and do separate expenses for fees. Either way will work and you can do.