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.
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