#Jyrks
fringe shoal
brave kraken
I have some questions regarding the VAT. We have a marketplace and charge 10% commission.
If it is a business, then they should declare VAT on the 90% that they charge the customer.
Is there a way for the businesses to get access to accounting info?
dapper oyster
I'm sorry but I really can't advise you on VAT since this is not my expertise
Oh sorry, I misunderstood the Q
my bad, so basically what you're asking is whether the Connect Account have access to tax rates on a payment? or on the commission or what exactly
brave kraken
Well the question is if they have 100 sales for example, then they would need to know who they sold their goods to. For example if they were in the EU or outside of the EU - to keep their book keeping in order
Does Stripe offer an API to access the data so we could give them the info - or is there a product for it to simlify accounting
keen river
Hi there 👋 apologies for the delay. I'm jumping in to lend a hand, please bear with me a moment while I catch up on the context here.
keen river
Does Stripe offer an API to access the data so we could give them the info - or ...
Actually for each Connect Account, they can browse datas in two ways:
- Using Dashboard (depending on the Connect Account Type, for example for Express accounts => https://stripe.com/docs/connect/express-dashboard)
- or using APIs: for example retrieving Connected Account payments via https://stripe.com/docs/api/payment_intents/list and https://stripe.com/docs/connect/authentication#stripe-account-header
I suggest you first of all to learn about Stripe Connect Accounts and Charges Types:
https://stripe.com/docs/connect/accounts
https://stripe.com/docs/connect/charges
And choose the adequate type for you business
brave kraken
Okay, will have a look