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Import PayPal Transactions into QuickBooks

PayPal is the widely used payment platform when you have a business spread all across the globe. With QuickBooks becoming one of the most preferred platforms to store and retrieve data, importing PayPal transactions into QB becomes quite necessary.

To import PayPal transactions into QB, the first preference is always given to the manual operation. However, before checking out the steps to import the PayPal transactions into QB, let’s explore why manual import is still an alternative when everything can be automated.

When does Manual Import help?

  1. When you are importing transactions from the last 18 months and not the details before that
  2. If you are connecting for the first time, remember, you can only import the transaction from the past 90 days
  3. When the transactions are already marked as exported for the new QB account created.

How to Import PayPal Transactions into QuickBooks

Manual Import

Option I: Using the App Center

  1. Choose the My Apps option at the top
  2. Locate the app card with Sync with PayPal option
  3. Go to Settings on the Sync with PayPal app card option. You will get a new tab
  4. From Manual Import portion, click Run

Option 2: Within QB Online

  1. Login to the QB Online account
  2. In the left section, choose Apps
  3. Click My Apps
  4. Locate the app card with Sync with PayPal option
  5. Go to Settings on the Sync with PayPal app card option. You will get a new tab
  6. From Manual Import portion, select the required date range
  7. Click Run

Import Using Connect to PayPal App

  1. In the left menu, choose Apps
  2. Look for Connect to PayPal
  3. Select Get app now
  4. Check the box with the file to transport
  5. Click Install
  6. Select Let’s Do It
  7. Choose Give Permission
  8. Enter the email ID linked with the PayPal account
  9. Click Next
  10. Log in to the PayPal account
  11. Click Agree to Connect and give your consent to the sync process
  12. Choose to return to the platform you are working once the connection is established.
  13. Click the respective PayPal bank
  14. Find your transactions, click Next
  15. Click on the sales tax rate to be applied to the sales transactions
  16. Click Next
  17. Select the date when you wish to start importing the transactions
  18. Click Done

Importing PayPal transactions into QB by using Connect to PayPal will give you permission to edit, match, and categorize transactions in the Banking tab. In short, the data will remain completely accessible to you.

Of course, the steps have been mentioned quite carefully and in a simple language for you to understand.
Still, if you think you might get stuck or you have already got stuck somewhere while following the steps, connect with our expert professionals who are always ready to help and guide. Feel free to call at 18008166849 for assistance.

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