How do I show Stripe or PayPal accounts in FR Books ?

To ensure all your accounts are up to date and accurate, transactions processed through internal wallets such as Stripe or PayPal must be treated correctly in FR Books.

If you use Stripe or PayPal to take payments from customers you must add these accounts as bank accounts in FR Books. Any sales made which are received into these accounts will be processed through the allocated account in FR Books and then later transferred to your current account.

Let's take a £1,000 sale from a customer who paid through Stripe with a £30 Stripe fee as an example.

Sales received through Stripe
Firstly, you need to process the amount through your Stripe bank account. The money in Stripe would be categorised as a sale.

Stripe fees
The Stripe fees listed in your Stripe account should be processed as 'Money Out' and categorised as fees in FR Books.

Money transferred from Stripe to your bank account
When you categorise your banking transactions you will see the amounts coming in from Stripe. Select these as a 'Money In' transactions, categorised as the Stripe bank account.

Please note - these transfers must only be processed in one of your accounts in FR Books and then deleted in the other to avoid duplicating the transfer.

To ensure you have completed your transactions correctly, your Stripe/PayPal balance in FR Books should always be the same as your Stripe/PayPal statement.