PayPal

PayPal in 365 business Banking: retrieve and apply PayPal transactions and fees, and collect invoices via PayPal.

PayPal is a payment service provider for online payments. With 365 business Banking you keep your PayPal business account as a bank account in Business Central. The movements of the PayPal account are imported as bank transactions into the payment reconciliation journal. You collect your customers' invoices via PayPal.

Functions

Function	Supported
Retrieve transactions (payments, refunds, chargebacks, fees)	yes, via PayPal transaction search
Fees	as separate lines
Collect payment	yes, with the customer's stored payment method
Credit transfers, standing orders	no

Prerequisites

An active PayPal business account.
A REST API app in the PayPal Developer Dashboard with Client ID and Secret.
The app permissions from the following table. For collection, the app also needs Save payment methods. See Collect payments via PayPal.

App permissions

Permission	Description
`Transaction Search`	Access to the transaction data of the PayPal account so that Business Central can retrieve the transactions

Connect

You connect PayPal with the Connect Bank Account wizard: you choose the bank account to which the payments are posted and enter the client ID and client secret of your app. Step by step: Connect PayPal.

Retrieve transactions

You retrieve PayPal transactions like for any bank account with Retrieve Bank Transactions. Fees are created as separate lines: Retrieve PayPal transactions.

Collect payments

If a customer has stored a payment method at PayPal, you can collect invoices via PayPal when posting, individually, in batches or in the cash receipt journal: Collect payments via PayPal.