QuickBooks Integration (Basic): Include Stripe Fees to Keep Balances Accurate

When a client pays you online, a Stripe processing fee is deducted from the payment. This results with the payment amount on your bank statement being less than the payment amount in your QuickBooks Undeposited Funds account, where your TaxDome payments go. Because of this, QuickBooks may not find the proper transactions to match unless you do the following:

• Step 1. Add a Bank Payment Account in QuickBooks
• Step 2. Add an Expense Category in QuickBooks
• Step 3. Set up Expenses for Stripe Fees on TaxDome

When a client pays you online, a Stripe processing fee is deducted from the payment. This results with the payment amount on your bank statement being less than the payment amount in your QuickBooks Undeposited Funds account, where your TaxDome payments go. Because of this, QuickBooks may not find the proper transactions to match unless you do the following:

• Step 1. Add a Bank Payment Account in QuickBooks
• Step 2. Add an Expense Category in QuickBooks
• Step 3. Set up Expenses for Stripe Fees on TaxDome