Steps to Download PayPal into Quicken for Additional Convenience

 

Quicken is an ace financial manager that helps you sort out personal funds. The other app that has a stronghold in fund transfer is PayPal. So when you download PayPal into Quicken, it gets you the best of both apps.

Yes, it is possible to add PayPal into Quicken to transfer the transaction data. You can also import/export necessary details to prevent inaccuracies and save time.

 

How to Download PayPal into Quicken

 

There are two ways to download PayPal to Quicken. These include:

·       Using Express Web Connect, which involves adding PayPal to Quicken. This method also allows you to automatically update Quicken accounts. This is done after connecting them to financial institutions.

·       The second method is using the Quicken Interchange Format (QIF). With this, you ca import/export financial information using PayPal to the Quicken application.

Now that you have the basic idea, we can proceed to the process.

 

Option 1: Using the Express Web Connect

 

1.     First, you have to launch the Quicken application.

2.     Now you have to navigate through Tools > Add Account on the drop-down list.

3.     After that, choose your account type, either Saving or Checking.

4.     In the next step you have to enter your financial institution. Here you need to feed PayPal and select the PayPal > All Results list as well.

5.   Now you need to click Next.

6.     After that, you have to enter the PayPal username and password. 

7.     Now click on Connect to initiate the connection.

8.     Finally, follow the on-screen instructions to download PayPal into Quicken.

 

Option 2: Using QIF to download PayPal to Quicken

 

First, you have to download the QIF file.

1.     First, you need to visit paypal.com and log in to your account.

2.     After that, click Reports and choose Activity Download.

3. Here you will find the Create New Report box. Here you have to choose transaction types, date ranges, and currency (USD preferably).

4.     After that, click Create Report for your transaction history.

5. You will find the new report in the Activity Reports. After that, you have to download it once it is ready.

6.     You will find the QIF file in the Downloads folder by default.

 

After that, download PayPal into Quicken with these steps:

 

1.     For this, you have to launch Quicken.

2.     After that, go to Tools > Add Account. Now choose Cash.

3.     Here you need to click Next and follow the instructions to create the Cash Account.

 

After the creation of the Cash Account

 

1.     You have to navigate through File > Import > choose the QIF file.

2.     After that, you will find the QIF Import section and choose Browse.

3.     In the next screen, you have to choose the recently made Cash Account.

4. After that, you have the option to use the Include in Import option to add any additional info you want to import.

5.     Finally, once you are sure that all the options you need have been checked, you can proceed further. For this, you have to click on Next after you select adequately.

                         

To conclude,

 

It is quite convenient to download PayPal to Quicken. Iot happens when you join the two most popular financial service providers together. Moreover, this helps you keep track of your PayPal transactions with utmost convenience. We have also provided two ways to do so, so choose the one which is best for you.