Question

Which type of PayPal report provides the MOST granular data for reconciling daily sales with bank deposits?

Accepted Answer

The type of PayPal report that provides the most granular data for reconciling daily sales with bank deposits is the Transaction Details report, often downloaded in CSV or similar delimited format. This report includes a comprehensive list of every transaction processed through your PayPal account within a specified date range. It contains detailed information for each transaction, including the transaction ID, date, time, buyer&#x27;s email address, item description, gross amount, PayPal fees, net amount, and any applicable shipping or tax amounts. This level of detail allows you to match each individual transaction in your PayPal account with the corresponding deposit into your bank account, accounting for any fees or deductions. Summary reports provide aggregated data but lack the granular detail needed for precise reconciliation. The Transaction Details report, with its transaction-by-transaction breakdown, offers the necessary level of specificity to ensure accurate accounting and financial management.

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Which type of PayPal report provides the MOST granular data for reconciling daily sales with bank deposits?