Difference between revisions of "Treasurer/How to process income"
From Makers Local 256
(added paypal processing) |
(updating with latest on how to transfer money from paypal to bank) |
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This is a page in progress. | This is a page in progress. | ||
| − | = | + | = Transferring PayPal to Bank = |
| − | The | + | The PayPal account does not automatically dump its contents into the main banking account. |
| − | To retrieve the funds in the | + | To retrieve the funds in the PayPal account do the following: |
| − | # Login to | + | # Login to PayPal with the account |
# Click the "My Account" tab | # Click the "My Account" tab | ||
# Click "Withdraw" | # Click "Withdraw" | ||
# Click "Withdraw funds to your bank account" (this is the free option) | # Click "Withdraw funds to your bank account" (this is the free option) | ||
# Withdraw the total amount in the account | # Withdraw the total amount in the account | ||
| − | # Record | + | # Record in the accounting software |
| − | + | ||
| − | + | ||
= Other Potential Sections = | = Other Potential Sections = | ||
* How to process checks | * How to process checks | ||
* How to process cash | * How to process cash | ||
Latest revision as of 16:14, 3 August 2022
This is a page in progress.
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
