How to deal with Stripe transfer comprising of multiple currencies?

[QFMathew]

Hi Rob,

I’ll try my best to help you with this

@devologyrob

The amounts shown in Stripe were different to what was showing in the bank account, probably due to stripe commissions, or nett, or some other reason, so I instead rely on the daily bank import to pickup all income, including Stripe.

That would be correct. Stripe takes a fee per transaction processed, which should be accounted for within QuickFile. There’s a useful article in our Knowledge Base which explains how to deal with this. That would also help sort out any discrepancies too. If it helps, I believe Stripe also produces a monthly invoice outlining the fees for you to account for them.

In terms of the points you listed below (a, b, c & d), the Stripe integration only allows payments for invoices via QuickFile, but doesn’t import transactions from outside QuickFile - this still has to be done manually.

For multi-currency, there’s a few options. I’d say the easiest one is probably to have multiple Stripe accounts set up on QuickFile, one for each currency. It would mean it wouldn’t marry up 100% with your Stripe account, but it would probably save you a headache.