Reconciling Stripe Transactions

Nathan Wilson

Hi All,

I have created a Stripe account and have received my first payment through it.
Details:
Total invoice value: $518
Amount Stripe sent to me: $508.63
Stripe processing fee: $9.37

How do I go about reconciling the payments?
My bank account will only show the $508.63 transaction, how do I tell Reckon One that I have received $518 and then virtually sent $9.37 to Stripe?

Thanks in advance.

Zappy

The stripe transactions should be posted to a clearing account initially. You can then write a cheque from the clearing account for the fees and transfer the balance to the bank account so it will match. Call me if this is unclear Kevin 0407744914

Nathan Wilson

Thanks Kevin. I'll give that a shot and see how that goes. 
I'll give you a buzz if I need help.

Zappy

Happy to help Sir. Have a great Sunday

Nathan Wilson

Hi Kevin,
I was unable to figure this out.
Any chance you're available sometime this weekend or during next week for a quick chat?

Zappy

Definitely next week. This weekend I'm running. Let's talk Monday.