Paypal transactions into Invoices, properly organizing fee.
When a transaction comes through paypal it can appear as a new invoice in Xero. The transaction would be sorted with separate line entries for the item sale price, shipping paid, and paypal fees. It would automatically sort these and place them in their correct accounts.
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Asfa Maria commented
Hi, that’s a great idea for PayPal-Xero integration! Does it handle multi-currency transactions and fee splits automatically too? Thanks! Love from https://calchoras.com/
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Trend Track commented
Brilliant idea! Creating Xero invoices directly from PayPal transactions with line items for sale price, shipping, and fees, all correctly categorized, would make reconciliation so much smoother. Xero’s PayPal feed currently imports raw transactions, so you’d need to manually adjust or use bank rules, which isn’t ideal. Third-party tools like Amaka or Parex or https://oraclecardsreader.com/ might get you close by syncing detailed PayPal data to Xero. I’d suggest submitting this to Xero’s Feature Request portal to gain traction. Have you shared this on the Xero Community yet? Happy to brainstorm more solutions if you share your setup!
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Koki La commented
This would be a game-changer for my business! I’m constantly juggling PayPal transactions in Xero, and manually splitting out the item price, shipping, and PayPal fees is such a hassle. Auto-sorting them into the right accounts would save me hours. I’ve been using Xero’s bank rules to tag fees, but it’s clunky. Have you tried any apps like Zapier and https://magic8ball-online.com/ for this? I’d love to see Xero build this in natively—please push for it on their community forum!
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Asfa Maria commented
Love this suggestion! Automatically creating Xero invoices from PayPal transactions with line items for item price, shipping, and fees would be a huge time-saver, especially for proper account allocation. Based on what I’ve seen, Xero’s current PayPal feed imports transactions but doesn’t break them down this granularly. You could try a third-party tool like Zapier or Amaka https://calchoras.com/ to map PayPal data to Xero invoices, though it might need some tweaking. I’d recommend posting this on Xero’s Feature Request forum to get more votes—definitely a feature worth pushing for!
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Bhola commented
This would be a lifesaver! I use PayPal and Xero, and manually splitting out the sale price, shipping, and those pesky PayPal fees for every invoice is such a pain. Having it auto-sort into the right accounts in Xero would make my accounting way easier. Right now, I’m using bank rules in Xero to tag fees, but it’s not perfect like https://theyesnobutton.com/. Have you found any workarounds or apps that do this? I’d love to see Xero add this feature—count me in for supporting it!
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salmawis
commented
I really like this idea because it helps organize finances accurately in a clear and automated way, saving time on bookkeeping. Categorizing each expense separately also helps track profits more accurately, similar to playing https://drift-boss.pro Drift Boss, where each drift has to be carefully calculated to avoid falling off the track. Such an automated system makes the business run smoother and more efficiently!
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Alexander Kohl
commented
We are using Paypal for pre-payments in a lot of cases. Then we invoice out of Practice Manager. At the moment we create credit notes for the pre-payments in Xero which are then assigned to the invoices when they are pushing into Xero from Practice Manager. A bit clumsy, but still seems the quickest way. So if we could automate the credit note creation from PayPal payments that would be great. I guess, we could build that with the current API function...
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David
commented
If you invoice for your service and get paid later, then you should be entering invoices at time of sale and matching the paypal receipt with the open invoice.
If you receive payment at time of sale, why would you need to enter a sales invoice? Surely a receive money is much simpler and practical - especially if you have a large volume of transactions. -
James
commented
auto set up of customers details with the recurring payment details would be great as well
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Sol
commented
Paypal integration is ugly at the moment - especially if you don't have mulit-currency Xero. it would be great to increase support for this. I use Paypal a lot for my overseas clients.