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.
Import PayPal into Xero — Convert Activity Download to Bank Statement
The simplest way to import PayPal transactions into Xero. Convert your Activity Download CSV to Xero's bank statement format and import in minutes.
How It Works
Export from PayPal
PayPal → Activity → Download → Select date range → Download CSV
Convert Format
Upload to converter, select region and options, download Xero file
Import to Xero
Xero → Accounting → Bank Accounts → [PayPal Account] → Import
Reconcile
Match imported transactions with invoices, bills, and bank transfers
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 Xero Bank Statement
| Paypal Transactions | Source Value | Xero Bank Statement | Target Value | Note | |
|---|---|---|---|---|---|
Date |
01/15/2025 |
→ | Date |
01/15/2025
|
Transaction date |
Net |
97.10 |
→ | Amount |
97.10
|
Net amount (single mode) |
Gross |
100.00 |
→ | Amount |
100.00
|
Gross amount (two-line mode) |
Fee |
-2.90 |
→ | Amount |
-2.90
|
PayPal fees (two-line mode, negative) |
Name |
John Smith |
→ | Payee |
John Smith
|
Counterparty name |
Transaction ID |
9AB12345CD678901E |
→ | Reference |
9AB12345CD678901E
|
PayPal transaction ID |
Data Transformation
Each PayPal transaction becomes 1 or 2 bank rows depending on mode
One Activity Download row with Gross/Fee/Net
Transaction ID,
Date
How to Import PayPal into Xero Without API Integration
The Manual Import Advantage
Getting Your PayPal Data into Xero
Common Bank Statement Import Errors
Issues you might encounter when importing Activity Download data to Bank Statement - and how we solve them
Gross + Fee ≠ Net
PayPal fee calculation doesn't match Net
Gross: $100, Fee: -$2.90, Net: $98.00
Computed: Fee Effect = Net - Gross = -$2.00
Use FeeEffect = Net - Gross for accurate fee tracking
This handles fee reversals and adjustments correctly
Pending Transactions
Pending transactions haven't settled yet
Status: Pending, Net: $100.00
Skipped (not balance-affecting yet)
We filter to only Completed transactions
Re-export after transactions settle
Refunds Linked to Original
Refunds reference original transaction
Type: Refund, Reference Txn ID: ABC123
Amount: -$100 (negative reversal)
Refunds appear as negative amounts
Bank balance stays accurate with refunds included
Multiple Currencies
PayPal holds multiple currency balances
USD: $500, GBP: £200, EUR: €100
Split by currency or single currency
Filter by currency or import to matching bank account
Use currency filter option for multi-currency Xero
Bank Transfers
Withdrawals to bank appear as negative
Type: Bank Transfer, Net: -$1000
Amount: -$1000 (outflow from PayPal)
This is correct - money left PayPal to your bank
Match with incoming deposit in your actual bank account
Why Use This Tool?
Direct Import Format
Creates CSV files ready for Xero's bank statement import - no reformatting needed.
Fee Tracking Option
Split gross payments from fees for detailed expense tracking in Xero.
Refund Handling
Properly imports refunds as negative amounts for accurate bank balance.
Multi-Currency
Filter by currency for clean import into currency-specific accounts.
Batch Import
Large files automatically split to meet Xero's 1,000 row import limit.
Local Processing
Your PayPal data never leaves your browser - complete privacy.
Frequently Asked Questions
Paypal → Xero Data Ecosystem
All available data flows from Paypal to Xero
Date → Date
Net → Amount
Gross → Amount
Name → Name
From Email Address → EmailAddress
Contact Phone Number → PhoneNumber
Name → ContactName
From Email Address → EmailAddress
Invoice Number / Transaction ID → InvoiceNumber