Re: How to deal with Paypal fees/cashback

[Chris Travers <..hidden..>]

I would just use GL transactions, against a bank charges and an
interest account.

On Sun, Feb 8, 2009 at 6:49 PM, Chris Bennett
<..hidden..> wrote:
> I use a PayPal business account to accept credit cards.
> As a business account, I have a debit card that immediately accesses
> those funds.
>
> Paypal is mildly inconvenient, but has very low fees and easy to set-up.
> They charge me something like 3% plus $0.25 for each payment.
>
> 1. When I use the debit card as a credit card for purchases, I get 1% back.
> 2. No plus or minus as debit card.
> 3. ATM fees as normal for cash withdrawals.
>
> Any advice on how to set this up well?
> There are few fees per month, but an awful lot of small cashbacks
> to keep track of.
>
> The amounts involved in fees/cashbacks are really not very large.
> Would it be appropriate to dump this into something like an overhead
> expense?
>
> Chris Bennett
>
> --
> A human being should be able to change a diaper, plan an invasion,
> butcher a hog, conn a ship, design a building, write a sonnet, balance
> accounts, build a wall, set a bone, comfort the dying, take orders,
> give orders, cooperate, act alone, solve equations, analyze a new
> problem, pitch manure, program a computer, cook a tasty meal, fight
> efficiently, die gallantly. Specialization is for insects.
>
>
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