QuickBooks, the number one financial management software not only is loaded with advanced features and tools but also authorizes the users for smooth integration with the payment gateways. This allows you to accept credit card, debit card and bank transfer payments for your QuickBooks invoices hassle free. “QuickBooks Paypal integration” allows one-way integration of data with PayPal that sync’s the transactions of user from PayPal into QuickBooks.
When your QB account successfully gets integrated with Paypal then every activity within your Paypal account gets monitored within QuickBooks. The integration with PayPal app can be discovered on apps.intuit.com, or through application tab in your QuickBooks Online account.
QuickBooks Paypal Integration: How it works?
1️⃣ Login to your QuickBooks company file.
2️⃣ From the left of your screen, click on the apps button.
3️⃣ Locate for the Sync with PayPal app.
4️⃣ Choose the app and click the Get App Now button.
5️⃣ If you are running multiple companies within your QuickBooks account then choose the one that you want to integrate your paypal to.
6️⃣ Authorize the app to connect to your QuickBooks Online.
7️⃣ To set up the app settings follow rest of the steps to connect.
Benefits of Paypal & QuickBooks Integration
1️⃣ Easy & Instant Payment: Not only invoices can be send with ease but you can easily make payments as well via QuickBooks. If your QB account is integrated with Paypal then clicking on the pay now button will authorize you to make payments. This can be done either through card or bank transfer.
2️⃣ Automatic Recording: You can easily accept Payments with PayPal is incorporated with QuickBooks. Entire payments is collected for QuickBooks invoices, and the PayPal transaction fees, are recorded automatically into the chosen account.
3️⃣ Save More Accounting Time: You can accept payments via PayPal that assures your QuickBooks invoice payments and transaction fees are automatically recorded and categorize accordingly in books.
4️⃣ Get Paid Quickly & Improve Cash Flow: You will be benefited with twice faster payments by using Accept Payments with PayPal. The customer receives their invoice once the work is done payment can done in no time.
Ways to Integrate Paypal and QuickBooks:
1️⃣ Add PayPal customers to QuickBooks Online.
2️⃣ Create QuickBooks invoices for clients with PayPal Sales.
3️⃣ Add sales receipt in QuickBooks Online for PayPal sales
4️⃣ Create QuickBooks invoices from PayPal sales
5️⃣ Create QuickBooks sales receipts for PayPal sales
How will QuickBooks Account get PayPal Transactions?
In the authorization screen you would want to connect with paypal button. This will authorize paypal to integrate and sync all your data with your QuickBooks account.
When all done, try fetching data from your paypal account to your QuickBooks account. If you are still looking for ways on how to do that then click on the gear icon and choose to click on the paypal button that is now finally created. Follow the prompts and you will be able to fetch data within QuickBooks.
If you are now able to do that then rest assured your QuickBooks is finally integrated, but if it shows issues then you would need to ask for support. You can give a call to our QuickBooks Proadvisor at their toll free helpline number.