Customers with PayPal accounts may see duplicated transactions when PayPal needs to pull money from your bank to finance the purchase. When you purchase something via PayPal using your bank account balance, PayPal pulls money from your bank account into your PayPal balance, and then uses those funds to make the purchase.
These transactions both show up in Level Money as debits. The first is a debit on your bank account, the second is a debit on your PayPal account. However - PayPal does not display a credit to your PayPal account to offset the debit made there.
Essentially - if you use PayPal to purchase something for $20, and you have both your PayPal and bank accounts connected to Level, it will look like you spent $40.
There are two recommended ways to work around this:
- Don't track your PayPal account. You can either not link it, or link it and then hide the PayPal account so the transactions don't appear in your feed. The latter is a good option for those who still want to track PayPal credit card transactions. If you make purchases via PayPal, you'll still see them hit your feed when PayPal debits your bank account to make those purchases.
- Categorize one of the transactions as a transfer. This will keep it from affecting your Spendable balance for the month, but you'll still be able to see all of your PayPal transactions (which can be important if you use PayPal for lots of purchases and keep a healthy balance in your PayPal account, so they're not debiting your bank account for each one).