Connect PayPal
Aikount brings in PayPal through its own connector. Once connected, your PayPal account activity comes in as another treasury, alongside your banks and Stripe.
What the connector brings
The PayPal connector imports the account activity: the payments in, payments out and movements that go through your PayPal. Each one is recorded as a movement inside its treasury, with its own balance and history.
The bridge account
PayPal behaves like an intermediate account: money moves in and out of PayPal, and only later is transferred to (or from) your bank. To reflect this correctly, Aikount uses a clearing (bridge) account.
- Money moving within PayPal is recorded against that bridge account.
- When you transfer the balance to your bank, that transfer is reconciled against the same bridge account.
This avoids counting the same money twice: first as a PayPal movement and then as a bank deposit. The bridge account matches both legs of the transfer.
Just like with Stripe, the amount you see in your bank isn't each PayPal operation separately, but the result of moving the balance. The bridge account is what makes everything add up.
After connecting
With PayPal connected:
- It appears as a treasury with an up-to-date balance; review it in Treasuries and balances.
- Its entries are browsed and filtered together with the rest in Bank movements.
- They reconcile against your invoices and expenses like any other account; see How reconciliation works.