What's the best way to handle PayPal?

[ChrisLancs]

Im getting setup for the coming year tax year and want to use gnucash, would
the following (albeit stripped down) setup work for paypal sales/purchases?
Sorry for the complete lack of accounting terms im not one, just small
business owner.
*Assets*    
        
Bank        
paypal: (import and split)        
Equipment    
*Expenses*    
        
fees (pp split part 1)    
*Income:*    
        
sales (pp split part 2)    
As the money from sales goes to my bank, how do i handle that? Would it be
acceptable to select bank right from paypal or is it more appropriate for
the entry to be like this?

*paypal > sales* then another entry *sales > bank*.



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