Integration
Stripe in IDA: match payments, fees and payouts
A lump payout lands in the bank account and the breakdown is missing in accounting. IDA fetches payments, fees and payouts as transactions on a clearing account - and the matching works again.
What IDA reads from Stripe
- Payments with a reference to the order
- Fees per transaction
- Payouts to the bank account
What IDA does with it
- The lump payout resolves into its individual payments
- Fees are carried as their own item instead of distorting revenue
- Open items close when the money is actually there
Who it is for
Businesses collecting online that still want a clean list of open items.
Setup: Store the API key, define the clearing account.
Every integration in IDA has its own switch. Turn it off and it disappears completely - including the columns, filters and reports that belong to it. You only see what you actually use.
Vendor website: Stripe. Stripe is a trademark of its respective owner; IDA connects to the system technically, which implies no partnership.
Related
- WooCommerce - Shop & payments
- PayPal - Shop & payments
Questions about the Stripe integration
Does a Stripe payment count as paid immediately?
It is carried as an incoming payment on the clearing account. Only the actual movement of money closes the item - that is the difference between submitted and paid.
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