So guys i have very serious problem to understand PayPal entries.
here is the situation.
- Using PayPal for sales (Receiving money to PayPal account from income sources)
- Also paying to vendors from account
- Transfer money from Bank account to Paypal account
- Transfer money from Credit card to Paypal account
- Multi currency dealing (paying & receiving) so all the time other currency as reverse transaction
- Converted currency to USD and the same amount receiving from bank as an expense payment.But received money not going to bank.
