The correct configuration for a PayPal account on MYOB AccountRight
My business relies heavily on a PayPal account by which to receive payments from customers, but also to make payments to suppliers. It is used as a clearing account also, since funds from payments are oftened relayed on to various bank accounts. When setting up a new account for PayPal what would be the correct account type: Bank Accounts Receivable Other Current Access Fixed Asset Other Asset Further, what tax code classification should be given to this account?Solved2.1KViews0likes3CommentsPay now
My invoices I send say pay now and so my customer did this by clicking pay now and he paid us by PayPal myob shows this payment but my bank account hasn’t received the payment. my pay now is connected to my bsb and account number so that’s all correct. need advice pleaseSolved74Views0likes1Comment