In tonight’s update, Saasu will provide automated PayPal data feeds. This has been one of our more popular feature requests this year and we’re thrilled to be able to provide it.
Direct connection to PayPal
We’ve built this as a direct feed. This means Saasu communicates directly with PayPal to get your data twice a day. It’s easy to setup in a few minutes. All you need is a business PayPal account, as personal accounts don’t have API access. PayPal offers free upgrade for Personal to Business accounts.
Fee handling
You can easily account for fees associated with your PayPal transactions. For example: a $97.80 amount received in your PayPal automated feed may relate to a $100.00 original Sale. You can now easily update this transaction to account for the fee by editing $97.80 to be $100.00 in the feed. Saasu will automatically account for the $2.20 PayPal fee.
Multi-currency is supported
The automated feed will also handle most common situations for multi-currency files such as those paying foreign currency amounts for goods or for billing people in foreign currencies and accepting payments via PayPal.
We can’t give time frames on specific features. We have more work on bank feeds happening over the next couple of quarters. Sorry to keep you waiting on this.
Can you please provide an update as to when we will be able to bring the feed in as items as it looks like it is only allowing service at the moment.
Spoke too soon, figured it out. I needed to create a PayPal bank account asset first. Once this is done I got through, different screens that the screenshots in the instructions though.
I’ve attempted to follow the instructions to set this up but I can’t get past step one. When I click “View/Bank Accounts” I’m presented with a different screen than the one displayed in the instructions and no where is there a PayPal option. Where am I going wrong?
thanks good idea. I like it
Well I setup the API connection last night and it looks like it worked! It pulled in the last 100 paypal transactions, and saase sort of matched them up (mostly correctly) with existing sales. It doesn’t matter anyway, as it looks like we can manually delete the payment amounts and just bulk creat purchases with payments from the remaining fees. (which is the only remaining paypal issue since I’ve started using onesaas). It would be great if there was an automatically way to filter the data so that only the paypal fees themselves are use pulled into Saasu.
Regardless, I can see this making this hugely easier for me (and moreso my bookkeeper!).
Thanks guys,
Leon
Great news, well done!
How will this work with OneSaas when sales from my website are already being synced with saasu?
Will there be a way duplicate entries are noticed?
Great News.
On reading this:
“You can easily account for fees associated with your PayPal transactions. For example: a $97.80 amount received in your PayPal automated feed may relate to a $100.00 original Sale. You can now easily update this transaction to account for the fee by editing $97.80 to be $100.00 in the feed. Saasu will automatically account for the $2.20 PayPal fee.”
That’s great about the paypal fee being entered into an expense account, but mention of manually editing the sale amount seems a bit odd. How will this work with my onesaas integration? ie: onesaas pushs the correct sale figure through to saasu, which should then be automatically matched up with the paypal bank feed payments. (which are also already created by onesaas). They only think this paypal API should do now is create a purchase transaction & payment for each paypal fee. Having to do any sort of manual adjustment for each transaction seems like a step backwards, so perhaps (hopefully) I have just misunderstood the help page.
Can you please confirm this?
Thanks,
Leon
Fantastic. We have been waiting for this update for a while. Good job Saasu!
Great news, looking forward to enabling Saasu for our clients.