Donor Tools

If you use Donor Tools’ Quickbooks Export feature, and you receive donations via PayPal, you’ll want to take note of this minor change.

We’ve changed the way that transaction fees are reflected in the IIF file generated by Donor Tools. PayPal transactions are still recorded into Undeposited Funds, just as before. Previously, PayPal fees were recorded into an account called “PayPal Fees” under Bank Service Charges. Now, the account will be named “Bank Service Charges:Transaction Fees”.

To prepare for this minor change, you can simply rename your existing account to “Transaction Fees”. If you do end up with two accounts, you can easily merge them together.