- Change the paypal fee amount in quickbooks for mac how to#
- Change the paypal fee amount in quickbooks for mac full#
There was a withdrawal from my credit card of $50 that went to Paypal and then from Paypal to Score.
Change the paypal fee amount in quickbooks for mac full#
When I click on the plus sign I can see the full transaction.įrom this view we can see what actually happened. Now those two transactions have a plus sign to the left of the date. To find out I click on the Transaction Type drop down and switch from “Balance affecting” to “All transactions.” You should think of it like a checking account that has a balance of $22.26 within it.įrom the summary page you can see that balance of $22.26 in the upper left-hand corner.īut, their are two $50 transactions and the balance remains at $22.26. Most people don’t think of Paypal as a bank account, but it is. That balance of $22.26 is the amount of money I have in my Paypal account.
I didn’t pay a fee and I have a balance of $22.26. In this view you can see that this purchase was from Score Assocation for $50. I want to show you a different view of this transaction which I’ll do by clicking on “Activity (including balance & fees).” I have two $50 example transactions at the top of my list. Within Paypal click Summary in the top menu and you’ll see a list of your recent transactions. Let’s take a look at the Paypal register in Paypal itself for more details. The problem with this method is that it’s not exactly what occurred. In many people’s QuickBooks accounts I’ll see these Paypal transactions entered with the Vendor/Customer stating who the money went to and the category being what the transaction was for. You can tell this was processed through Paypal from the Bank Details within the transaction.
The payment was made with a Bank of America credit card but was processed through Paypal. In this example I’m using a $50 payment for training from a company called Score. You can also click on Banking in the left-hand navigation menu and select Banking. You can get to this two ways in your own account.įrom the main screen you can click on the bank account you’d like from the Bank Accounts box on the right side of the screen. We’ll start by looking at credit card transactions from a bank account. In this tutorial I’ll be using my Paypal account and a sample QuickBooks company file I use for teaching.
Change the paypal fee amount in quickbooks for mac how to#
In this tutorial I’m going to show you how to avoid some common mistakes people make when entering their Paypal transaction into QuickBooks Online.
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