Treasurer/How to process income
From Makers Local 256
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Transferring PayPal to Bank
The PayPal account does not automatically dump its contents into the main banking account. To retrieve the funds in the PayPal account do the following:
- Login to PayPal with the account
- Click the "My Account" tab
- Click "Withdraw"
- Click "Withdraw funds to your bank account" (this is the free option)
- Withdraw the total amount in the account
- Record in the accounting software
Other Potential Sections
- How to process checks
- How to process cash