Why does the stripe holding balance not take off the fees? as i noticed it showing exactly how much i billed for not how much is ready to transfer to me
For Stripe there is no integration on the reporting side, so any fees and withdrawals will need to be entered manually. The simplest way to do this is just to tag the withdrawals as bank transfers on the current account, this will create the corresponding entries on the Stripe Merchant account.
For the Stripe fees just book them on weekly or monthly, i.e. run a report on Stripe for date x to y, get the fee total, enter this as money out of the Stripe account and tag as a payment to a supplier named “Stripe Charges” or something similar.
Cheers glenn i thought it was pooling the balance but this make sense no problem to manually do it
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