© 2010 iSolutions Group, Inc. All rights reserved. Proprietary and confidential. ztReceivables Reconcile Accounts Receivables in Online QuickBooks with

© 2010 iSolutions Group, Inc. All rights reserved. Proprietary and confidential.


ztReceivables

Reconcile Accounts Receivables in Online QuickBooks with Payments Received via PayPal



ztReceivables

• Automated interface between PayPal and Online QuickBooks

• Secure access to QuickBooks and PayPal accounts• Update Accounts Receivables in QuickBooks with

PayPal payment information • Processes multiple invoices for each Payment

Received in your PayPal Account• Log of execution maintained for future reference



HOW IT WORKS



Get Your PayPal Credentials

No need to use your PayPal login and password for using ztReceivables. Create API-only login credentials for your PayPal account



No need to use your QuickBooks login and password for using ztReceivables. Create API only login credentials for your QuickBooks account

Get Your QuickBooks Credentials



Login Using PayPal Credentials

API only login and password to sign in to the application



Setup a New Customer

•Setup a new customer for processing payments



Setup Customer and Transaction Fees

•Setup transaction fees as fixed fee or percentage of the transaction•These values are used as tolerance limits at the time of transaction processing•Different values can be setup for different customers



Select Customer and Period for Reconciling Remittance Notes

•Select the customer

•Specify the period for selecting unprocessed remittance notes from your PayPal account



See Unprocessed Payments Pulled from your PayPal Account

•Unprocessed payments from specified customer for specified period.

Select one or more payments to reconcile with open invoices

•Press reconcile to match payments with open invoices•The system processes multiple invoices, as specified by the payer, for every payment received



See Status of Processed Payments

•Transactions fully processed are assigned status Success and partial or incomplete transactions are assigned status Partial



Review Successfully Processed Transaction•Check details of a successfully processed transaction

•Multiple invoices processed for a single remittance note.

•Sum of all invoices paid equals the sum of total amount paid using a single payment transaction



Review Partially Processed Transaction

•Sum of amount owed on three invoices, more than the total amount paid.

•Last Invoice recorded as failed reconciliation•Since the discount amount is greater than configured tolerance, the transaction recorded as partial



Check Posted Transactions in QuickBooks

•PayPal payment transaction and reconciled amount recorded in QuickBooks



Check Transaction Details in QuickBooks

•Reconciled amount for each invoice recorded in QuickBooks

Documents

© 2010 iSolutions Group, Inc. All rights reserved. Proprietary and confidential. ztReceivables Reconcile Accounts Receivables in Online QuickBooks with