In microsoft.public.money, Narnian wrote:

- quote -

1. When you process the first transactions of the Paypal payment,
set the category as a transfer to the other ( Paypal or bank
account). When you process the other half of the transactions,
Money should match it. Be careful to not just Accept if Money did
not find the match on its own for some reason. Click Change and
match it to the transfer you already made if Money did not match it
for you. This would be the common way.

2. In method 2, don't handle Paypal payments as transfers.
Instead create one category of "Paypal payment" or some such. If
you define the category as an expense category, expect a warning
when you use it to represent the payment within the Paypal account
if you have the warning enabled. Just click Yes in response to the
warning. The category can net at zero in reports across accounts
if for the report you select Customizeetails-> Type:All Types.
You can alternatively customize to ignore the category if you like.

I download my Paypal transactions and import them to Money 2007 Deluxe so
that I can get the details. Then I download my Bank transactions. The bank
shows debits to Paypal. The Paypal just shows debits for specific items
purchased. I end up with duplicate entries against my Account List subtotal.

I can delete the entry in the checking account and create a transfer, but
that seems awful clunky, especially since I tend to have roughly fifteen
transactions through paypal every month. Is there a better way to manipulate
this?