The „Stripe“ logo is owned by the company and is used for illustrative purposes. Photo: pixabey.com
Fast and secure online payments? Stripe! And how are they accounted?
If you have an online store and/or online business, you probably know what Stripe is
(Stripe). You can even use it and already feel the benefits of it. Or do you want
to do it? Stripe (stripe.com) is a convenient platform for receiving online
payments with debit or credit cards.
Through it, you receive users’ money directly in your bank account. In over
130 currencies, convenient and secure. And you get to Stripe Accounting.
Imagine selling 3,000 tickets for an event without a single receipt.
As all payments are online, in any currency and you receive them immediately or within 2
days (depending on how you work). With Stripe. Now imagine what else
you can sell online? Without a single receipt.
With so much income with Stripe, you also need accounting. The convenience of receiving
online payments quickly and easily should be easy to process. Right? It comes with a
summary monthly report, as a ready-made file, which includes all received online payments,
fees deducted (Stripe takes 1.4% of transfers within the European Union and 2.9% for
non-European Union) and your income. You download the monthly report file, download the invoice from Stripe
for the fees received, and send them to your accountant. This is Stripe accounting.
One month of revenue in one report, with a few clicks. As soon as the end of the month,
you download the monthly report from Stripe. It’s easy, just be sure to do it on time.
It’s up to your Stripe accountant to review and check all the amounts,
make the correct bills and quickly calculate how much more Stripe needs
to add to your account. There are specifics in the work of your Stripe accountant :
fees are deducted from the income in one month and invoiced in the next.
Use Stripe. You feel the benefits. And do you have a Stripe accountant!?
It’s easy for you, but not so much for him. The accountant of a company using Stripe
must have specific knowledge and skills, and have already gained enough experience to
be able to use them. The Stripe accountant must be clear to him why and how this system is
used. What are the benefits, in general, and what are they specifically – for you and for
your online store and/or online business. It is best to ask him.
A good Stripe accountant loves questions. Every time.
What do you want to ask about Stripe accounting?
Request a free consultation HERE!
Call us during business hours:
+359 877 51 59 91
+359 76 67 21 67
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Email us at office@abc-consult.eu.
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