We have recently started using eBay/PayPal for som...
# general
w
We have recently started using eBay/PayPal for some of our company's sales. This one is a new one for me. We made a sale and received $10.00, while also making a purchase for $15.00. PayPal debited our bank account $5.00. I cannot figure out how to pay the PayPal vendor bill ($15.00), while including the customer invoice payment ($10.00) to get to a net debit for $5.00 on our NS bank record. I could do a JE, but my guess is we'll see this happen again, so would rather know a way to do it otherwise, if possible. Any one else ran into this?
k
Answered your question on reddit - but you are using your paypal account like a bank, you probably should just record it like a bank account
w
Well, not intentionally. I'll have to ask why they paid this way, we typically pay via CC, and then get our paypal funds transferred into our actual bank account
k
I don't think you can do a bank deposit with a negative net value - but you might try it
record your payment in to undeposited funds then use the cash back tab to record the payment out while recording the bank deposit
w
thanks!
the more I think about it, I think the paypal bank account may be the way to go