Why add Paypal as a payment system to your online store?
Paypal is a full-fledged banking system that allows you to receive online payments very easily.
So why choose this solution?
For its simple use and setup: Paypal simply requires 2 things: an e-mail and a bank card. No setup or subscription commission, only a commission on each sale is charged. You don't sell anything, you don't pay anything.
For distribution: Paypal is the most well-known and widespread online payment system among consumers. Some even use it as the only payment system to make their online purchases.
For invoicing: Issuing invoices has never been easier, several tutorials can help you, but it's rather intuitive.
For your accounting: Your accountant can monitor the flows and manage the payments made to you, the commissions are visible and can easily be integrated into your accounting.
Please note, although it is more intuitive, the flows Paypal remain complex to integrate into accounting and do it yourself via tools such as Pennylane or QuickBooks can sometimes create inaccurate accounting entries.
Sometimes, your accounting apps can confuse two suppliers and poorly integrate the flows. This can have an erroneous effect on your VAT declared and collected.
The invoice with Paypal
Amount, customer, type of payment (transfer, bank card), date, transaction... everything is integrated automatically and it only takes 2 clicks to issue the invoice.
Logo, additional information, legal notices and invoice design are also customizable so that your customers receive an invoice in the colors of your company.
Paypal accountant, what is it anyway?
This is the management of invoices, payments, VAT, commissions, customers, suppliers and their correct correspondence with your bank statements and your transaction statements Paypal.
You can try to do it yourself, but we strongly advise against it.
Setting up the solution, managing international payments, VAT and international currencies are a headache if they are not set up from the start.
Our teams are trained and experienced to support you on this specific point. Ask us!
Contact us to find out how we can help you exploit the full potential of Paypal to boost the growth of your business!
With Blendy , French digital accountant take advantage of digital accounting to accelerate your finance process and develop your business.
Pennylane , Dext , QuickBooks and Stripe experts, we support digital and IT service companies, e-Commerce, SaaS, SMBs, in France and internationally.