Enter Stripe Transactions

JANA COLLIER
JANA COLLIER Member Posts: 4 ✭
edited September 2017 in Reckon One
Hi All, 

We utilise the facility Stripe to process online payments. 

I am wondering how to do the following - 
  • What is the best way to set Stripe up in Reckon One? (I'm assuming it cant be set up as a bank account)
  • Would it be best practice to enter the transaction to match our online sale, then process the stripe fees separately?
Thank you in advance 

Jana 

Comments

  • Michael Corrigan_9203178
    Michael Corrigan_9203178 Member Posts: 70 ✭
    edited August 2017
    You could set it up as a bank account. If you create an invoice for the income transactions, you could link the Stripe payment to the invoice. The fees could be treated as an expense. If Stripe offers it, you could download their QIF, CSV or TXT files and upload it into the Stripe Account on Reckon One. If you can upload the transactions via a Stripe file, then you could create a rule to automatic treat Stripe fees as an expense

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