Tags: PayPal reconciliation Different PayPal currency Sync PayPal payment
Sync Paypal payments into separate accounts in Xero based on currency
Paypal allows receiving payments in multiple currencies and our app handles this scenario very well by setting up the feature.
This feature syncs PayPal transactions (payments) that are paid through PayPal but in a different currency other than the base currency of Xero. This feature syncs PayPal payments based on payment currency to their respective PayPal account in Xero.
To set this feature, different accounts in Xero should be available for PayPal, based on currency. Also, PayPal bank feed should be connected with those accounts.
For example, if you are receiving payments from PayPal in 3 different currencies AUD, GBP and USD so in Xero, accounts like AUD PayPal, GBP PayPal and USD PayPal should be available with PayPal bank feed connected with those accounts.
This feature can be set up by our team. Please reach out to our support team at firstname.lastname@example.org or from the Contact Us page of this site.
In order to configure the feature, you need to provide us the PayPal currencies and their respective Paypal accounts in Xero.