Connect to Stripe not recording Fees

I have connected my existing Stripe account to Sage. Payouts are getting pulled into Sage.

According to this page, the Stripe fees should also be recorded. But I don't see them in the ledger. I also don't see the Stripe processing fee.

Is there something else that I need to do to bring in the fees?

  • 0

    Hi Vince,

    Thanks for using Community Hub.

    In the article you've linked, if you click the  'What are Payouts' section, it advises:

    "By default, we record Stripe fees in the ledger account for Bank charges and interest.

    To change this, choose a different ledger account from the drop-down list and click Save. "

    Just to check are you looking for them in that location? 


    Sage UKI

  • 0

    Thanks Andy, by default it should be recording fees and hopefully VAT on those fees in the ledger but I am not seeing these. It only shows the payout amount. When I view the details of the payout in the ledger, it just has the Net amount and Vat amount which are incorrect because it is calculating the Vat amount based on the payout and not on the actual charged amount.

    Payout = charge amount - processing fee - Stripe fee - Stripe fee Vat.

  • 0 in reply to Vince Doherty

    Hi Vince, thanks for coming back.  I think there are a few areas that need to be checked here and the best way to do that would be to contact sage Technical Support so they can get to the bottom of it for you. You can reach them here: Sage Technical Support >