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Handling Stripe fees

Started by Mike Myers -   in Getting Started

Hello!
We have a php SaaS system up and running and have just installed the Stripe API and testing. My question is How to post Net value to Xero from Stripe so the bank feeds match the deducted value of paid invoices EG:
Invoice Amount = $72.60
Stripe Fee = $2.41
Net Value = $70.19

I hope this makes sense
Hi Mike, normally you always post any invoices/sales in full. Stripe Fees are costs, normally these would go in separately as Bills from the stripe.

Payments go into a what is known as a clearing account. And the amount received and stripe fees will then be moved from the clearing account.
 

Jonathan Mifsud