Many of my website transaction are done through PayPal. To keep track of the transactions in Quickbooks I used to deposit PayPal funds into my bank account all the time so all the transactions were done through bank account to keep tracking easy on Quickbooks.
Here is how to add PayPal as a new account in Quickbooks. This is how I did it. There probably is a better way:
- Go to “Pay Bill”
- Click on “Payment Account”
- Click “Add New”
- Simply don’t put anything for bank routing and account number and call it PayPal.
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Tags: quickbooks
