Thank you for visiting the QuickBooks Community, Learner9. I'll ensure you can record your Stripe entries in QuickBooks Online smoothly by following the steps below.
If the transactions you're referring to show on the Banking page, and you manage the payouts and service fees by splitting them, then yes, the method you've performed is correct.
Additionally, if you see any difference in your Stripe transactions, you can use the Resolve Difference option to fix the discrepancy. This helps match your entries through its difference until it will be equal to zero. Let me walk you through the steps.
- Click Banking on the left pane, then choose the For Review tab.
- Select the transactions to open.
- Choose the Find other records or Find Match button to open the Match transactions window.
- By default, the Match transactions window lists All transactions within the date range, but you can narrow the results.
- Use options on the Show drop-down menu to specify the type of transaction you're looking for.
- If the transaction you're looking for is outside the default date range, select the From and To date fields to change the dates.
- If the amounts are different, you can locate additional matched transactions, or select Resolve Difference to open the Add resolving transaction fields to add the Category and Amount (and, optionally, Payee) of a resolving transaction until the difference equals zero.
- If needed, you can use the Add new transaction button to add multiple resolving transactions.
- Click Save.
If you mean that Stripe payouts show up on the Bank Deposit screen via a business bank account, you're right that the payout or gross categorize to the income account. Then, add a line on the same screen to put the portion of the Stripe service fee directly into the bank fee accounts. Please enter the fee amount as a negative number while doing this. For example, if the fee was US $.50, enter -.50. This is to ensure that the fee is properly recorded in your account. You can open this article to see extra details: Record and make bank deposits in QuickBooks Online.
Lastly, you may refer to this article to see steps on how you can reconcile your accounts so you can avoid discrepancies: Reconcile an account in QuickBooks Online.
Keep me in the loop if you have other concerns or questions about managing Stripe transactions or QuickBooks related. You’re always welcome in the Community space, Learner9. Keep safe!
