Is your CA asking you for your PayPal statement?
If not, you should consider how good of an accountant they really are.
Unlike the old days, PayPal transactions are now necessary for proper accounting & only a few chartered accounting firms asks their clients for PayPal transaction details.
If you are not being asked for the same, you should ask your CA to use your PayPal record for accounting purposes. This is crucial when you are earning more than 10 million INR (1 Crore) in a financial year. If you are looking for an Indian accounting firm, I can vouch for this one.
Back to the main topic:
In this post, you will learn how to export your transaction details on PayPal in .csv or .xlxs format.
Use transaction finder to export PayPal statement:
PayPal has recently launched their new UI & it’s got a modern design. The only problem is old PayPal users like you & me need to get used to this new interface. Simply follow the steps shown below & you will be able to export your PayPal transaction details.
- Log in to your PayPal account
- Click on “Reports” at the top
- Click on “Transactions” & click on “Transaction finder”
- In the date range, specify the date for which you need to export the details
Note: The allowed date range is 90 days.
You can also use filters like transaction types or currency to further refine your search.
Click on “Search” & results will be shown on the same page. Just select the option on the right to export the data in any format you desire.
That’s it! The download will happen instantly.
Even if you don’t use it for your accounting purposes, the year-end audit will help you to find which monetization technique is working out best for you & help you to plan your strategies accordingly.