🔒 No manual data entry. No messy spreadsheets. Runs in your browser — never uploaded.
A $100 sale with a $3.20 PayPal fee is not $96.80 of income. It's $100 of revenue and $3.20 of expense. Recording only the net deposit understates both your revenue and your deductible fees — and at scale, that distorts your P&L and your taxes.
Each PayPal sale should post as: gross amount to income, fee to a 'PayPal fees' (or merchant fees) expense account, net to the PayPal balance. Bank feeds only see the lump deposits — the split lives in the statement.
The Footed converter reads your PayPal PDF statement and splits every transaction into gross, fee and net automatically — then exports a QBO file QuickBooks imports with payees and duplicate-safe IDs. The balance check verifies everything ties to the statement before you import.
🔒 No manual data entry. No messy spreadsheets. Runs in your browser — never uploaded.