PayPal
Make it easy for customers to pay, and reconcile your transactions
About PayPal
There are two main ways you can use PayPal in your business:
to buy goods
to make it easy for customers to pay for goods and services you sell
PayPal transactions
Xero treats your PayPal account like a bank account. A direct feed of data from your PayPal account into Xero makes it easy to keep track of cash in and out, and match transactions with those showing in Xero.
Here's an overview of Bank Feeds, and more information in Xero Central.
To set up your PayPal direct feed:
Go to Accounting > Bank accounts and click Add Bank Account
Select PayPal from the list, then Login & Connect Accounts.
Enter your PayPal email address and password then Sign On.
Select the appropriate account(s) and Continue.
Click Connect My Accounts and Connect.
Receiving payments through PayPal
PayPal makes it easy for customers to pay for their purchases. Add PayPal as a payment service, and include it in your invoices.
Click your organisation name > Settings > Payment Services
Next to PayPal click Get Started
Enter the PayPal email
Either create a new expense account for fees, or use 404 Bank Fees.
Click Done.
On the Payment Services page, click Manage Themes and add PayPal to the appropriate invoice themes.
Learn more about PayPal in Xero Central.