How to book payoneer incomes? - GoFuckYourself.com

Father_of_HereIsThePorn · 01-26-2017, 05:10 AM

Some affiliates programs such as bangbros, P3, etc. have moved to Payoneer.

Smooth bank wires is now history. Now I all of a sudden have a credit card loaded with cash. I guess many other of you guys are in the same situation. Question is now, how do you do the booking for Payoneer incomes? The money can not be wired from Payoneer to your bank account, but must be withdrawn from ATM's...

Any ideas on how to book this, or you just don't?

Adraco · 01-26-2017, 05:44 AM

You previously had an account in your bookkeeping for "Bank", where you added incoming wires.

Now, create a new accounting account, called "Payoneer".
Just account the same way, money coming in, add it to "Payoneer".

Then you go withdraw it, and put it in your bank account.
So subtract the withdrawn amount from your "Payoneer" accounting account and add the eqvivalent to your "Bank" accounting account in your books.

Barry-xlovecam · 01-26-2017, 05:51 AM

Isn't there a CSV download available?

Add the data to your ledgers.

You have to format it to your accounting software or spreadsheet you use.

01-26-2017, 05:10 AM	#1
Father_of_HereIsThePorn Confirmed User Join Date: Jun 2003 Posts: 110	How to book payoneer incomes? Some affiliates programs such as bangbros, P3, etc. have moved to Payoneer. Smooth bank wires is now history. Now I all of a sudden have a credit card loaded with cash. I guess many other of you guys are in the same situation. Question is now, how do you do the booking for Payoneer incomes? The money can not be wired from Payoneer to your bank account, but must be withdrawn from ATM's... Any ideas on how to book this, or you just don't?

01-26-2017, 05:44 AM	#2
Adraco Confirmed User Industry Role: Join Date: May 2009 Location: Onboard an airplane around the globe Posts: 3,734	You previously had an account in your bookkeeping for "Bank", where you added incoming wires. Now, create a new accounting account, called "Payoneer". Just account the same way, money coming in, add it to "Payoneer". Then you go withdraw it, and put it in your bank account. So subtract the withdrawn amount from your "Payoneer" accounting account and add the eqvivalent to your "Bank" accounting account in your books. __________________ ---------------------------------------------------------------------------------- The truth is not affected by the beliefs, or doubts, of the majority.

01-26-2017, 05:51 AM	#3
Barry-xlovecam It's 42 Industry Role: Join Date: Jun 2010 Location: Global Posts: 18,083	Isn't there a CSV download available? Add the data to your ledgers. You have to format it to your accounting software or spreadsheet you use.