Bill Me Later Transactions in GoDaddy Bookkeeping

If you used Bill Me Later to pay for an item and then you link your Bill Me Later account to GoDaddy Bookkeeping, you will need to make a correction to the incoming transactions so they show up correctly in your account. You will see incoming Bill Me Later transactions imported as sales when they should be coming in as "transfers."  Your Income page will show a transaction named Bill me later, such as the one below. 

 

 

This transaction is incorrectly coming in as a sale, and needs to be changed to a "Transfer In" (this is Bill Me Later transferring money into your PayPal account for the purchase).  Changing this to a "Transfer in" will move it to the Income Non-Business tab.

 

 

GoDaddy Bookkeeping's handling of Bill Me Later transactions is similar to how we handle credit card transactions.  We have the Purchase using Bill Me Later(A).  This transaction is shown on the Expenses page as a purchase.  We then have The transfer of money from Bill Me Later to your PayPal account.  This is the incorrect transaction on the Income page(B).  We also have PayPal's payment to Bill Me Later showing up as a transfer out on the Expenses page in the Non-Business tab. 

 

A

 

B

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