I am a one of many business owner who happen to use PayPal for some or all of their credit card processing for e-commerce or if you sell items on E-bay and who also happen to use Quicken for their accounting package.
This issues is that almost every financial institutions (that I use) provides the QFX (web connect) format which allows users to download, their transactions into Quicken so that you can manage. review, audit, report etc your financial picture.
The biggest issue is... PayPal does not seem to care. They know it is an issue. They have always known it was an issue. AND THEY DON'T SEEM TO CARE.
If you google this you can find a number of people who have this issue, so I know that it is widely known
I always seem to get the the run-around when I contact PayPal who basically say in a nice way. "We are not not compatible with the newer version of Quicken, and this is really your problem. If you you need help with any other issue, please don't hesitate to contact us"
I thought I found an online solution...but it did not work.
So what can we to do.
1) Manually enter in every PayPal transaction into Quicken. 2) Shop for and pay for a utility that will take one of the PayPal formats and create a QFX file. 3) Complain to PayPal corporate.
I am encouraging that everyone affected by this to write PayPal corporate and demand that they provide a solution to it's users.
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