How do I account for paypal drawing the necessary amount to meet a supplier invoice, and balance my bank account?
When the money leaves your bank account, create the transaction (or let your bank feed do this, if you have one enabled), and then simply tag this as a transfer to your PayPal account.
For example, if PayPal takes £20.00 for a purchase, when the £20 leaves your bank account, tag it as a transfer. This will then decrease your current account by £20 (to match your statement) and increase your PayPal balance by the same amount. Hopefully you will also have the money leaving the PayPal account, so everything should then balance for you.
Hope that helps!
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