Uploaded on May 27, 2021
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Import PayPal transactions into QuickBooks
Import PayPal transactions i
nto QuickBooks
PayPal is an international e-commerce business allowing
payments and money transfers to be made through the
Internet for a fee. Millions of companies use PayPal and if you
are one of them or are considering becoming a user you may
be wondering how to get the information from PayPal into
QuickBooks.
Depending on the volume of PayPal transactions you have,
manually recording PayPal transactions in QuickBooks may not
be an option. One way to record a PayPal transaction manually
would be to generate an invoice and record the payment
individually for each sale. Luckily, PayPal activity can be
exported to an Intuit Interchange Format (.iif) file and easily
imported into QuickBooks.
Import Using the .iif File
Download Your .iif from
PayPal
• Log in to PayPal account.
• My Account tab > History
• Choose Download History.
• Select a date range.
• Under File Types for Download, opt for a QuickBooks file (.iif).
• Click Download History.
• When prompted to enter account names, enter them exactly as they appear in your
Company's chart of accounts
• Save the .iif to the desktop.
• From the QuickBooks File menu, select Utilities > Import > IIF Files.
• Select the iif file located on the Desktop.
• Click Open
Import Using Dancing Numbers
• Firstly download Dancing Numbers Software from the
official website.
• Then simply choose to Import.
• Select from the list of apps you want to import. (PAYPAL in
this case)
• Select all the transactions you wanna import.
• Then click Import Now and You are done.
If any issues and problems arise then follow you can
visit DancingNumbers.com where you can find the
related links, topics, and video tutorials that would help
you with all the topics related to importing data. It also
provides you with the required information and added
knowledge about the software.
Source:
Dancing Numbers
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