When will Paypal fully integrate with QuickBooks?

[mainbrain]

There must be lots of individual sellers like myself who sell full time on ebay and use QuickBooks for accounting. I have used QB for years and have inquired at Paypal when we will be able to integrate Paypal and QB. You can integrate now, but only in a very primitive and time-consuming way.

When you download your Paypal transactions to QB, you only have ONE choice for an income category and ONE choice for an expense category! I'm not sure what the technical challenge is for Paypal, or if it has just been a very low priority, but the current functionality is pretty close to zero. One still has to go to QB and change all the expense categories one-by-one.

There is supposed to be a third party way to do this, but I have never had the confidence to try it. Seems like Paypal could offer this service easily enough.

[Amanda411]

Hi mainbrain,

Welcome to PayPal Community Help Forum!

Thanks for the feedback. PayPal does offer Email Payments: Payment Request Wizard for QuickBooks

https://www.paypal.com/us/cgi-bin/webscr?cmd=_email-payments-ref-impl3 and the ability to download your transaction history into Quicken, QuickBooks, or into a spreadsheet application.

Amanda

[mainbrain]

Hi, Amanda:

Thanks for the response. However, it doesn't address my question. Right now, and for the past 5 or more years, Paypal only offers a very primitive, and inadequate, interface with Quickbooks. Sellers have multiple expense categories (shipping cost, inventory cost, office expenses, supplies, Paypal fees, etc.) and Paypal only allows you to ONE classification of Expense when exporting to Quickbooks. This requires us to manually go into our Quickbooks to change the Expense classifications by hand, one-by-one.

This is woefully inadequate and requires a lot of work for us smaller sellers.

[SPembleton]

Excuse me for "evesdropping", but I agree with mainbrain.

I also have a small business. My sales are through my website. Customers send me a request and I provide them with an estimate or invoice depending on their needs. I have customized my estimate forms and invoice forms in Quickbooks to meet my needs, but cannot use them when I want to include a PalPal "Pay Now" button.

For example, if they are from out of state, I get a stupid line at the bottom about the sales tax, the estimate form does not include the Item field, only the description field, and they are asked to sign and return the form, which is not a requirement for my business. Why can't we just have an estimate form that looks like the invoice form? Everytime I generate an invoice or estimate, I have to manually edit the document before I send it.

If PayPal is not interested in fixing these problems, are there individuals who can fix these for me? If so, how can I find them.

[cdgpcn]

Paypal has a referral agreement with a company called Simple Port, which provide a solution to improve Quickbooks integration.  www.simpleport.net

Good luck!

[SPembleton]

Thanks, I will check it out.

[mjholt]

I checked out Simpleport and they want $10 and $20 to provide a service that is essentially free at my other banks. I do not understand why PayPal cannot provide a download in .QOB file which imports into QB.

These are two major players in small business banking and financials, and they seem to be willing to sacrifice their customers rather than "play nicely" together.

[mjholt]

While this information is interesting, it is not helpful. Paypal needs to facilitate full download for reconciliation and management of customers and vendors.

[H2]

I'm feeling ripped off. I have been a loyal user of Quicken home and business I just purchased Quick Books 2010 because I thought it would integrate with PayPal better (The last time the Quicken home and business updated it stopped working with PayPal) and now I'm setting up my business and can't get at my PayPal transactions - my whole business is done via PayPal - I'm going to have to demand a refund - I can't use QB 2010 if I can't integrate with PayPal.

[SPembleton]

While it is not "integrated", I do use the PayPal Payment Request Wizard (https://www.paypal.com/us/cgi-bin/webscr?cmd=xpt/Marketplaces/seller/QuickBooksPaymentWizardIntro) to process my invoices. That is about as good as it will get.Regarding the change with the new version. I am using 2009 - Was there a change with 2010? If so, I may decide not to upgrade, as it is critical for my business also.