Keeping Paypal Money Organized

by Andy Money

Posted: 15 years ago 7 replies

INTERNET MARKETING

Any tips? Or am I the only person who has trouble with this? I wish when you got money, depending on where it came from, PP would put it in an appropriate "folder" so you could see where money came from and how much you have from each thing automatically. How do you keep track of your Paypal money and income or do you do it all manually with Quickbooks or something? Thanks.

#keeping #money #organized #paypal

lburrell 15 years ago

YES SOMEONE HAS MY PROBLEM TOO!! I have money coming in from a few places. Some of my friends even ask me to accept money for them on my paypal. some friends right? haha

hopefully paypal will help us out soon. Dont count on it though. it is PAYPAL
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Eric Stanley 15 years ago

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Chris Lockwood

15 years ago

Every transaction has quite a bit of info associated with it, such as the product name or ID for something you sold.

I just download the data monthly and process it with a spreadsheet.

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Andy Money

15 years ago

I just emailed Paypal about this, we'll see what they say, would be so convenient.

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Neil Morgan

15 years ago

My book-keeper constantly battles with the PayPal downloadable logs. She finds errors in their calculations all the time which makes it difficult for her to reconcile with our own accounting system.

Be aware of this. It started to happen a few months ago and still hasn't been corrected. Not sure if it's a PayPal UK thing or more widespread.

Cheers,

Neil

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Andy Money 15 years ago

Thanks for the heads up Neil.
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Chris Lockwood

15 years ago

Originally Posted by Neil Morgan

What sort of errors?

Since each transaction is a separate row when put in a spreadsheet, as long as the numbers for each one are correct, you can do all the math with spreadsheet functions (such as monthly totals or whatever).

I wouldn't hold my breath expecting PayPal to make the data any more usable than it already is (other than correcting any errors, which I've never noticed). If you even got a straight answer from them, I'm sure they'd say that since you can export it to a spreadsheet or Quickbooks, it's up to you to do any classifying or categorizing.

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Keeping Paypal Money Organized

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