NetSuite PayPal integration in Leapfin

View the end-to-end journey of every transaction by combining PayPal events with other operational data — like other PSPs, order management, billing, and other systems — in Leapfin, your single source of truth for every financial transaction.

Accurately recognize revenue and automate ledger entries into NetSuite’s general ledger. Say goodbye to half-baked APIs, third-party connectors, or homegrown integrations creating a messy business process. Leapfin turbocharges your PayPal transactions for faster analysis and close.

paypal netsuite integration
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Here's how Leapfin makes your NetSuite PayPal integration easier

Accurate reporting and analysis with real-time transaction insights  

Without an accurate view of every transaction’s journey, you can’t uncover ways to increase profits. How much tax are you remitting for disputed transactions? Are you offering too many discounts?

Answer these questions with Leapfin. Leapfin combines PayPal events with other operational data, converts the transaction data into a universal Financial Record for easy segmentation and analysis, and automates ledger entry creation for reporting. So, when you integrate it into NetSuite, you capture and analyze every dollar without missing a cent.

paypal netsuite integration

Reconcile differences automatically

Dozens of events flow through PayPal daily  – from payments to disputes to disbursements. But you still have irreconcilable differences and mistimed transaction reporting.

Why? Because part of the transaction lives in other systems which don’t observe similar immutability, the transaction might fall into the wrong period.

Leapfin automatically combines PayPal events with other transaction activities, assigns each activity to the correct period, and pushes fully reconciled entries into NetSuite. No more funky accounting or manual workarounds.

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Pre-built logic for accurate financials

Sure, you can manually calculate foreign exchange rates or different tax rates across multiple journal entries.

Or, you could use Leapfin to apply these calculations, automatically create ledger entries, and push them into NetSuite, all without any manual effort. It’s up to you.

Pre-built logic for accurate financials helps make your NetSuite PayPal integration seamless

Easy, pain-free audits with traceable transaction linking

Remember when audits meant filling in the gaps in the transaction story between billing and payment? What happens if you invoiced a user a few months ago and reinvoiced them a week ago because of a dispute?

Leap into the future, track transaction data changes, and link related activities together and back to their source. Answer auditor questions in minutes, not days.

Easy, pain-free audits with traceable transaction linking

What you get with Leapfin, PayPal, and NetSuite Automation

  • Synchronize PayPal payments and charges with data in other operational systems and view a unified Financial Record that shows the whole transaction journey.
  • Access a streamlined, single source of truth for all your transactions and financial data in Leapfin.
  • Extract the following objects from PayPal and push them into Leapfin: invoices, tax, credit card and other fees, fee refunds, currencies and exchange rates, refunds, disputes, and payouts.
  • Connect multiple PayPal accounts to Leapfin.
  • View all sales orders across multiple subsidiaries, business models, and currencies in an extensible platform that handles thousands of daily transactions, even during peak seasons.
  • Track data sources in Leapfin for easy audit.
  • Apply custom business logic like tax, foreign exchange, adjustments, and revenue recognition for quick segmentation and analysis.
  • View real-time transaction data updated daily, weekly, or monthly and automatically upload Financial Records into NetSuite, no spreadsheets required.
  • Set immutable accounting period parameters and apply them to PayPal data to ease reporting.
  • See PayPal data processes in real-time, automatically detect data errors, such as missing fields and invalid values, and view recommendations on fixing them.
  • Automate away the hassles of your business process to pull PayPal transactions into your ERP
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Leapfin is our valued partner for revenue recognition. All of the PSP data that we need for the month-end close lives in Leapfin and gets updated in real-time.

Emily Eagon Controller @ Medium

Automate your journal entries at scale with Leapfin

FAQs about the NetSuite PayPal integration in Leapfin