You should have a bank type account named paypal where you show the income earned and held at paypal
use write checks on the paypal bank account, change the number to EFT, enter the amount and select equity drawing as the expense for the check, do not print it
Make a deposit […]
Resolution for '10K income issue: 'How do I correct an erroneous Owner’s Draw?' available: Yes.
The 10K income issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the 10K income issue yourself by looking for a resolution described in the article. If it is a complex 10K income issue or you are unable to solve the issue, you may contact us by clicking here or by using other 10K income support options.
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