It is a huge issue with PayPal not importing foreign currency transactions. From what i researched, this is what we are doing:
1. Created a new Bank Account: PayPal Bank EURO. This account is NOT connected with PayPal, it serves only as an account to save the EURO PayPal transactions.
2. Exported all EURO transactions only from PayPal. The feed contains ALL transactions, so you will need to remove USD (and other currencies)
3. Importing the PayPal EURO transactions file into QuickBooks >> PayPal Bank EURO
4. Then match the transactions.
5. When matching the transactions, you may get an error (shows only in PayPal) transactions. To resolve, see this step by step guide: https://www.likecoolstuff.com/fix-you-must-specify-a-different-number-this-number-has-already-been-u...
5. We did the same for our GBP: PayPal Bank GBP, and repeated the steps.
Let me know your thoughts.
