Business Payments: How to Connect Your Paypal

connect PayPal and Business Payments

Whether you have just connected your company (see photo #1), or you are adding an additional payment system (see photo #2) you will be redirected to Step 2.

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photo #1

Picture 2

photo #2

To get here click on My Profile in the upper right corner and go to Account.

Now you can connect your PayPal

 

By pressing on “Connect” button you will be redirected to PayPal to log into your account.

Picture 3

If you do not have enough permissions to connect payment platform, you can invite the accountant owner ( admin ) to connect Payment platform.

We do not have any access to your bank, card or password information.
requires read-only access in order to process the transactions and import them into your QuickBooks.

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After granting your permission, you will be redirected to Step 3

Step 3: Please select PayPal Bank Account* created by the app as a Bank account and choose the payment method you prefer (most likely PayPal)

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Step 4: Select Product/Service type for products newly created by our app and the Income account that will be associated with the newly created products.

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Step 5: Enable “Apply Taxes” if you would like the app to sync your taxable transactions including the tax breakdown available.

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Step 6: Make sure you select the same Bank account that you have chosen for Sales. Select the account to categorize your PayPal fees under Category field.

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Step 7: Make sure you select the same Bank account that you have chosen in the Sales and Fees tabs. Select the account to categorize your PayPal expenses under Category field.

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Step 8: “Synchronize Automatically”- all new transactions from your PayPal will be synced by the app automatically.

“Apply payments to unpaid Invoice/Bill” – the app is looking for matching invoice or bill for your payment. If the app finds matching invoice/bill – it closes it. If not – it creates matching invoice/bill automatically according to data from payment and closes it.

“Skip synchronization for duplicated transactions” – the app prevents recording the same transactions twice.

General settings

Step 9: You are ready for enabling seamless ongoing transactions synchronization by clicking on Start to Sync.

The set up is complete
Congratulations! Your account is set and ready to import
and sync.

 

* Learn more about our recommended setup in this guide
More information on customizing your Business Payments settings can be found here

In case you have any questions you are welcome to contact the support team via our in-app online support chat or by email listed in the page footer.
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