Are you looking out for an authenticated document on how to download PayPal into Quicken? You will be glad to read this blog post as it consists of the most impressive tips that helped us download PayPal to Quicken.
Quicken and PayPal, both are top shots when it comes to managing personal funds or transferring money from one account to another. Quicken is a personal money management software while PayPal is a trusted money transferring application for many across the globe. Quicken application supports PayPal profoundly thus benefiting the users in numerous ways as the system has evolved to the next level in recent times. You can add PayPal to Quicken to transfer the historical data from PayPal to Quicken software or import/export necessary information which prevents inaccuracies and save a lot of time.
Ways to Download PayPal to Quicken
It’s simple but requires a disciplined approach to add PayPal account to Quicken. There are two different ways to do it.
- Through Express Web Connect [To add PayPal to Quicken]
- Via Quicken Interchange Format (QIF)[To import/export financial info from PayPal to Quicken]
The Express Web Connect application helps you to automatically update the Quicken accounts by connecting with the financial institution. While the QIFormat exports the data from PayPal and imports it to the Quicken application.
Steps on How to Download PayPal into Quicken
Before downloading the PayPal data into Quicken, the first step that needs to be taken is adding PayPal to Quicken. Here are the steps.
Step 1. Add PayPal to Quicken via Express Web Connect
- Launch the Quicken application.
- After that click the Tools tab, click Add Account on the drop-down list.
- Now select Saving or Checking as per your account.
- Under the name of your financial institution – enter PayPal, and select the PayPal on the All Results list as well.
- Click Next to proceed further.
- Now you will need to enter the PayPal username and password and click Connect to establish the connection.
- Keep following the on-screen instructions to add a PayPal account to Quicken.
Step 2. Use QIF to import/export data from PayPal to Quicken
To start downloading the transactions from PayPal to Quicken, you should download the Quicken file in the QIF, followed by importing the files to a verified Quicken cash account.
Create and export the PayPal data
- Visit paypal.com.
- Log in to your PayPal account.
- On the top menu bar, click Reports.
- Now select Activity Download from the left side panel.
- Under the Create New Report box, choose the transaction types between a particular date range. Set USD under the format category.
- Once done you will need to click Create Report to get the PayPal transaction history.
- The newly generated report will appear in the Activity Reports section. Along with that, you will receive a notification when the report will be ready to download. You can also refresh the page to get the report on the Activity tab if it’s missing.
- When you are done with these steps, click Download.
- Check the Download folder to see the QIF file.
Import the transaction from PayPal into Quicken
The QIF file that you have just downloaded in the previous step, contains the data that you need to import to Quicken. Here are the quick steps.
- Launch Quicken.
- Click the Tools tab, click Add Account.
- Now select Cash followed by choosing the appropriate name for your Cash account.
- Click Next and keep following the on-screen instructions.
Once you are done with creating a cash account, you have to follow the subsequent steps to import PayPal download to Quicken.
- Click the File tab.
- Select File Import and choose QIF file.
- Under the QIF Import section, hit the Browse button to get the QIF file path location.
- Choose the Cash account that you have just created.
- Now you may use the Include in Import option to add any additional information that you want to import into Quicken from PayPal.
- Once the adequate selection is made, click Next to begin importing the transaction from PayPal into a newly formed PayPal account in Quicken.
Facing error downloading PayPal into Quicken? Call us for help
Once the above instructions are followed, the PayPal data will be synced to Quicken for the rest of life. Also, there is an important thing to note – you need to manually perform the import/export process only once when you set up the account for the first time. However, if you still face any trouble on how to download PayPal into Quicken, then you should get in touch with our experts to get it fixed. Our services are available 24/7 round the clock to assist you.