Been searching for something like this for months. Our Shopify store processes 500+ orders monthly and this handles everything perfectly. Date formats, tax columns, refunds - all correct.
PayPal to QuickBooks Online Converter
Convert PayPal Activity Download to QuickBooks Online with automatic Gross/Fee/Net split. Proper double-entry accounting without subscription apps.
How It Works
Export from PayPal
Go to PayPal → Reports → Activity Download. Select 'Balance Affecting' transactions and download CSV.
Upload to Converter
Drag and drop your PayPal CSV file. We'll detect the format automatically.
Configure Accounts
Set your QuickBooks account names (PayPal bank, fees expense, income account).
Preview & Download
Review the Journal Entry output. Download the QBO-ready CSV file.
Import to QuickBooks
Go to QBO → Settings → Import Data → Journal Entries. Upload the converted file.
Your Data is Safe
Bank-Level Security
256-bit SSL encryption. Same standards as major financial institutions.
No Data Storage
Files are processed directly in browser. No calls to our servers.
GDPR Compliant
Full EU data protection compliance. Your privacy rights protected.
Field Mapping
How Paypal Transactions fields map to Quickbooks Online Journal Entry
| Paypal Transactions | Source Value | Quickbooks Online Journal Entry | Target Value | Note | |
|---|---|---|---|---|---|
Date |
01/15/2025 |
→ | JournalDate |
01/15/2025
|
Transaction date |
Transaction ID |
9AB12345CD678901E |
→ | JournalNo |
9AB12345CD678901E
|
Unique identifier for journal entry |
Gross |
100.00 |
→ | Credits |
100.00
|
Gross amount credited to income |
Fee |
-2.90 |
→ | Debits |
-2.90
|
Fee amount debited to expense |
Net |
97.10 |
→ | Debits |
97.10
|
Net amount debited to PayPal bank account |
Data Transformation
Each PayPal transaction splits into 2-3 journal lines
Single row with Gross, Fee, Net amounts
Date,
Transaction ID,
Gross,
Fee,
Net,
Type
Balanced debit/credit lines for double-entry
Why PayPal Doesn't Import Cleanly to QuickBooks
The Gross/Fee/Net Problem
What This Tool Does
Common Journal Entry Import Errors
Issues you might encounter when importing Activity Download data to Journal Entry - and how we solve them
Pending Transactions Excluded
Only 'Completed' transactions are imported
Status: Pending, Held, Denied
Status: Completed
Filter PayPal export to balance-affecting transactions
Re-export from PayPal with 'Balance Affecting' filter
Mixed Currencies Detected
QBO Journal Entries use home currency only
Mixed USD, EUR, GBP transactions
USD transactions only (or single currency)
Export separate files per currency
Filter transactions by currency before import
Refund Signs Reversed
Refunds have negative Gross, positive Fee reversal
Gross: -100, Fee: +2.90, Net: -97.10
Correctly reversed journal entries
Processor handles sign reversal automatically
No action needed - handled by conversion
Why Use This Tool?
Proper Fee Tracking
Automatically splits Gross/Fee/Net into separate journal lines. Fees go to expense, full revenue recorded.
Native QBO Import
Journal Entries import natively to QuickBooks Online - no third-party apps needed.
Transaction Type Mapping
Automatically identifies payments, refunds, transfers, and fees. Maps to correct accounts.
60-Second Conversion
Upload → Preview → Download. No API limits or sync waiting.
Bank Reconciliation Ready
Net amounts match your bank feed exactly. Fees tracked separately for accurate expense reporting.
Browser-Based Privacy
Small files process locally in your browser. Data never leaves your computer.
Frequently Asked Questions
Paypal → Quickbooks Online Data Ecosystem
All available data flows from Paypal to Quickbooks Online