Working with PayPal

If you are working with PayPal for business payments you’ll need to ensure the transactions are recorded in inniAccounts.

PayPal to inniAccounts is simply another bank account and a new account can be created to manage it. When a new account is created it will appear in the Bookkeeping area as a bank account and your transactions can be recorded.

The team at inniAccounts will setup additional accounts, such as Paypal, for you. Please¬†Submit a request with the details and we’ll create it for you.

PayPal fees can be entered as an outgoing and if you have raised an invoice for a client and they pay by PayPal, just select the PayPal bank account in the Bookkeeping area and match the pending invoice payment to confirm that it has been paid.

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The transaction will then appear against the PayPal bank account and the invoice will be removed from your pending payments and be identified as paid.

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