PayPal transactions can be a little goofy in QuickBooks Online! Learn how to record several different types of transactions correctly so that your PayPal account and your Checking account balance at the end of the month. We'll cover purchases through PayPal that are processed through your credit card or checking account, purchases processed with your PayPal balance, and deposit transactions.

These are transactions that bloggers, Etsy sellers, freelancers, or any other type of small business owner may encounter.

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Timestamps:
0:00 How to Record PayPay transactions in QuickBooks Online Simple Start
0:32 Scenario 1: Processing a transaction using PayPal but selecting credit card at checkout
4:08 Scenario 2: Transfer money from PayPal to bank account
5:05 Scenario 3: Used PayPal balance to pay for item/no related received amount
5:45 Scenario 4: Sent & Received have the same amount, matching the transaction
6:58 Deposits update to break out PayPal fee in QuickBooks

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