Wish your customers could pay you on the spot? Want your transactions to be daily reconciled in Xledger?
We have developed an integration with Stripe so you can accept online invoice payments via credit card, debit card, or Apple Pay, to get the cash flowing in without having to go to great lengths.
Trawling through payments, fees, refunds and payouts can be a hassle. Use our integration to track all your Stripe movements automatically every day, instead of waiting for month-end payout reports.
How it works
Charges and Payments
When a customer pays you, a charge or payment is created depending on the payment method used in Stripe. Stripe’s transaction fees are also calculated at this point.
With our integration, your income and fees are recorded automatically through P&L or debtors accounts according to your need. Each payment can be flexibly mapped to your own chart of accounts.
The balance is posted to a control account that you can use to reconcile to your balance outstanding with Stripe.
Refunds
Whether you need to fully refund or partially refund a transaction, our integration has you covered.
The impact on income, debtors and fees is handled without fuss once the refund is registered in Stripe.
Payouts
Stripe will pay out your income regularly. Our integration removes the hassle from recording and reconciling payouts.
- When a payout is recorded in Stripe it is posted to your Xledger bank account, ready for reconciliation when the payout is received.
Still have questions? Would like to discuss custom needs or other integrations? Contact us