Paypal

[Egbert van der Wal]

I don't use PayPal as a bank account, nevertheless, sometimes money will stay 
in there for a while. Paybacks, sometimes people give me some money through 
paypal (eg ebay). So I do model it as a bank account in gnucash. 

This also makes sure that the transaction dates in gnucatch match those on my 
bank statement, but the transaction dates also match the payment dates on the 
receipt of any purchase through PayPal. This is not possible without modelling 
PayPal as a separate account since the money is deducted from PayPal 
immediately but PayPal doesn't deduct it from my bank account for another 
couple of days.

Difference between bank and cash is negligible but it resembles a bank account 
mostly so I just put it there.

Egbert


Op maandag 23 februari 2015 15:46:44 schreef Michael DeBusk:
> I don't leave any money in my PayPal account, so I don't have Paypal
> in GNUcash at all. I reference the eventual payee like so: John Smith
> (via PayPal)
> 
> I do the same with Google Wallet.
> 
> On Mon, Feb 23, 2015 at 2:11 PM, Andy Pastuszak <apastuszak at gmail.com> 
wrote:
> > What's the best way to set up an GNUcash for Paypal?  Should I make a Bank
> > account or a Cash account?
> > 
> > Andy
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