Bokio launches PayPal bank feeds

24th Feb 2020
Brought to you by
Share this content

We’re excited to announce that you can now import transactions from PayPal into Bokio with bank feeds. 

PayPal bank feeds are perfect for smaller clients with online businesses. Whether they are buying or selling, it’s now easy to keep track of all their payments. Now, they can automatically import transactions by simply setting up a bank feed.

PayPal bank feeds are totally free to use, as is the whole of Bokio’s accounting software.

How do bank feeds work?

The first time you connect a PayPal account to Bokio, all the transactions will be fetched from the time period you specified (no more than 2 years in the past), and imported into Bokio. Bokio will then automatically import PayPal transactions 4 times a day so you never miss a payment.

PayPal transactions can be found in the To do list, the same as normal bank feed payments. Bank feeds in Bokio are provided in collaboration with Plaid, an external provider. Bokio bank feeds are safe, secure and Open Banking compliant.

What if you need to connect more than one account?

Users can connect as many bank accounts, PayPal accounts and credit cards as needed, but each connection needs a separate payment account set up.

How does it work if my PayPal account is connected to a bank or credit card?

If your bank account is linked to a credit card or current account that is already set up with bank feeds in Bokio then you can record the transfers to PayPal from the bank feed or credit card feed. We currently don’t fetch these transactions from PayPal.

All about Bokio

Bokio is a totally free accounting software offering bookkeeping, invoicing and expenses management. It’s a great solution for collaborating with smaller clients, like small businesses, sole traders and freelancers. Bokio helps you save time and money, so you can focus on offering high value advisory services to your clients.