Hi,
We use a company Paypal account to make purchases which show on the bank statement as debits to Paypal.
How should these be entered up? - We register each supplier and invoice but when it comes to marking as paid which account should be selected?
Secondly many purchases are from overseas suppliers so the amount in GBP is only shown on the Paypal paperwork.
Sorry for rambling...
Ben
Hi Ben,
If PayPal takes the money from your bank account on the day you make the purchase then set the Paid From Account field in the Money Paid Out window to 'Cheque Account'.
I'm not sure I understand the problem with the overseas suppliers - can't you simply record the expense in GBP?
Regards,
