How to reflect PyaPal transactions in MYOB essentials

Experienced Partner SharonCohen
15 Posts
Experienced Partner
SharonCohen
Experienced Partner

15Posts

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How to reflect PyaPal transactions in MYOB essentials

We are using MYOB essential

Clients can pay us using PayPal 

We also purchse equipment and pay using PayPal

What will be the best way to reflect that in MYOB essential?

2 REPLIES
Super Partner IanChait
429 Posts
Super Partner
Australia
IanChait
Super Partner

429Posts

248Kudos

84Solutions

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Re: How to reflect PyaPal transactions in MYOB essentials

Hi @SharonCohen

 

MYOB does not have an integration with PayPal as far as I know. My experience with PayPal Integrations into other software has been disatrous. So just as well there is no automatic integration.

 

I would suggest setting up a PayPal account as a Banking Account in the Chart of Accounts, and treat it like a normal Bank Account. As there are no PayPal bank feeds available, you will need to record the entries manually.

 

 

 

 

Regards
Ian Chait CA
Certified Consultant Melbourne
P/M 0417 479 585
Fax 03 9012 4488
Email ian@myfc.com.au

MYOB Moderator Tallie_M
4,414 Posts
MYOB Moderator
Australia
Tallie_M
MYOB Moderator

4414Posts

297Kudos

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Re: How to reflect PyaPal transactions in MYOB essentials

Hi @SharonCohen,

 

Further to the post above, please also see our help page Setting up and receiving payments through PayPal for further information.

Warm Regards,

Tallie

MYOB Client Support
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