How are merchant card fees accounted for when using the Stripe Integration?

How are merchant card fees accounted for when using the Stripe Integration?


When AccountingSuite is connected via Stripe, this process is automated. Here's how it happens.

1.) You make charges via the Charge with Stripe button.
2.) Stripe will make a deposit into your bank account with the receipts.
3.) Stripe notifies AccountingSuite of the deposit, and AccountingSuite automatically creates a Bank Deposit document with the receipts and the merchant card fees noted on the G/L Tab for you.
    • Related Articles

    • How do I account for credit card processing fees in AccountingSuite

      When using Stripe to process credit cards in AccountingSuite™, this happens automatically. When Stripe sends the collected sales receipts to your bank account, it also sends a notification to AccountingSuite™. AccountingSuite™, in turn, creates a ...
    • Processing Credit Cards using Stripe

      Processing Credit Card Using Stripe AccountingSuite™ has integrated with Stripe for credit card processing right inside the application. Once a customer’s credit card has been registered with Stripe, it may be used to pay for future invoices. Setting ...
    • Integrating Stripe for processing Credit Card Transactions

      Stripe Overview Stripe is AccountingSuite's  integrated payment processor. Once set up, you will give your customers the ability to pay invoices from emailed sales orders and sales invoices as well as the ability to charge directly from the Cash ...
    • Accepting ACH Payments via Stripe

      Overview AccountingSuite's integration with Stripe allows for two methods of payment by your customer:   Credit Card and ACH.    ACH requires a few tasks for payments to be completed successfully in the system:   ACH must be enabled in Stripe, and ...
    • Paya: Adding a Credit Card or ACH account to Customer Account.

      Paya: Adding a Credit Card or ACH account to Customer Account. Navigate to Quick Menu / Companies. Open the Company that you'd like add the credit card to. Click the Payment Methods tab. Choose Add and pick Credit Card or ACH Account. Fill out the ...