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 Desktop Converter (IIF)
Convert PayPal Activity Download to QuickBooks Desktop IIF format with automatic fee tracking. Works with QB Pro, Premier, and Enterprise.
How It Works
Export from PayPal
Go to PayPal → Reports → Activity Download. Select 'Balance Affecting' and download CSV.
Upload to Converter
Drag and drop your PayPal CSV file.
Configure Account Names
Enter your QuickBooks account names exactly as they appear in your Chart of Accounts.
Preview & Download
Review the IIF preview. Download the .iif file.
Import to QuickBooks
In QuickBooks Desktop: File → Utilities → Import → IIF Files. Select your downloaded 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 Desktop Iif
| Paypal Transactions | Source Value | Quickbooks Desktop Iif | Target Value | Note | |
|---|---|---|---|---|---|
Date |
01/15/2025 |
→ | DATE |
01/15/2025
|
Transaction date |
Transaction ID |
9AB12345CD678901E |
→ | DOCNUM |
9AB12345CD678901E
|
Document/reference number |
Net |
97.10 |
→ | AMOUNT (TRNS) |
|
Net amount to PayPal account |
Gross |
100.00 |
→ | AMOUNT (SPL1) |
|
Gross amount to income/expense |
Fee |
-2.90 |
→ | AMOUNT (SPL2) |
|
Fee amount to expense account |
Name |
John Smith |
→ | NAME |
John Smith
|
Payee/customer name |
Data Transformation
Each PayPal transaction becomes TRNS/SPL/ENDTRNS block
Single row with Gross, Fee, Net amounts
Date,
Transaction ID,
Gross,
Fee,
Net
Hierarchical TRNS/SPL structure for QuickBooks Desktop
Why PayPal CSV Doesn't Import to QuickBooks Desktop
Desktop Doesn't Accept CSV for Transactions
The Gross/Fee/Net Challenge
Common IIF File Import Errors
Issues you might encounter when importing Activity Download data to IIF File - and how we solve them
Account Name Mismatch
QuickBooks can't find account in Chart of Accounts
ACCNT: 'PayPal Account' (doesn't exist)
ACCNT: 'Checking' (matches QB)
Create accounts in QB first or use matching names
Edit account names in tool options before converting
Transaction Doesn't Balance
IIF requires all AMOUNTs to sum to zero
TRNS: 97.10, SPL: -100.00 (gap of 2.90)
TRNS: 97.10, SPL1: -100.00, SPL2: 2.90 (balances)
Fee split ensures amounts balance correctly
Our converter automatically creates balanced entries
Why Use This Tool?
Native IIF Format
Output is ready for QuickBooks Desktop import - no conversion needed.
Automatic Fee Splits
Gross/Fee/Net split into balanced transaction blocks. All amounts sum to zero.
Works with All Versions
Compatible with QuickBooks Pro, Premier, and Enterprise (2020-2025).
Transaction Type Mapping
Payments, refunds, and transfers automatically mapped to appropriate QuickBooks types.
60-Second Conversion
Upload → Preview → Download. No API, no sync, no waiting.
Balanced Entries
Every transaction balances correctly. IIF validation built-in.
Frequently Asked Questions
Paypal → Quickbooks Desktop Data Ecosystem
All available data flows from Paypal to Quickbooks Desktop