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I've done this multiple times. All it does is bring one basic transaction over (with no memo data - just first and last name) from 2 days ago, and then it goes back to 185 error. I'm missing 30 to 40 transactions per day.
Thankfully I am a coder - I've had to make me custom import script that properly sanitizes the paypal export file so that it includes the memo data and quickbooks can process it using the auto-confirm rules.
But this is still going to be a mess as Quickbooks does not import the paypal transaction IDs so I don't know how to check for duplicates or missing transactions. I'll have to make a new script that checks an export of quickbooks transactions vs an export of paypal transactions and then compare it by customer name and other memo data - messy work... if only quickbooks developers had just imported the unique transaction IDs as part of the memo! What were they thinking!? This is basic common sense.
I feel sorry for quickbook users who can't code... good luck.