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If your customers can pay you via PayPal, this article shows you how to = set up MYOB to record these transactions.
PayPal transactions are much the same as other transactions which involv= e a merchant fee. In other words, the merchant (in this case PayPal) takes = a percentage share of the transaction for providing the credit facilities. = In our example, a $100 sale is received through PayPal, from which $2 is pa= id to PayPal, resulting in a net sale of $98. You will need to record both = transactions in MYOB, in other words a customer receipt of $98 and a mercha= nt charge of $2.
There are a few things to set up to handle these transactions, but once = you're set up it's east to record your PayPal sales and account for the fee= s.
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