Cheqo

[rancid nest]

Hi 👋

If you are making direct charges then the Connect Account will retain the Customer Total - your Application fee

We describe the funds flow here: https://stripe.com/docs/connect/direct-charges#flow-of-funds-with-fees

[tiny fjord]

Hi, retain? so its not transfered to my own account?

[rancid nest]

Sorry, my mistake. It's transferred to your account

Which the Funds Flow diagram illustrates

[tiny fjord]

here is what I want:

[rancid nest]

But that is not how funds flow with Direct Charges

[tiny fjord]

So I want to find out whatever was deducted from stripe and return it

[rancid nest]

That will be in the Balance Transaction related to the Charge on the Connected Account

[tiny fjord]

So step 1, I am making a direct charge

and step 2 would be balance transaction?

[rancid nest]

So you retrive the Charge once it's completed and get the Balance Transaction from the Charge: https://stripe.com/docs/api/charges/object#charge_object-balance_transaction

Then In the Balance Transaction you can see the fee and fee_details: https://stripe.com/docs/api/balance_transactions/object#balance_transaction_object-fee

[tiny fjord]

so, I expand the balance_transaction then simply check the fee value?

and then do a transfer with that amount?

[rancid nest]

You will likely want to check the fee_details

Because fee will include both Stripe and Application fees and any taxes

But fee_details will break out each one

[tiny fjord]

I see, so its array of objects and I need to find the one which fee_details = "stripe_fee"?

[rancid nest]

Yes

[tiny fjord]

And then in the final step I would be doing "Creating separate charges and transfers"

so this payment is direct charge

[rancid nest]

Yes, you can simply transfer the Stripe fee amount to the Connected Account

[tiny fjord]

Awesome, so to add on. Theoretically, I can put my application fee as full charge amount (stripe fees excluded) and then hold on to these funds until lets say my stripe connect account delivers a service or a product, and once fulfilled I can simply transfer the products full cost ($100)?

[rancid nest]

At that point you're basically doing a Separate Charge & Transfers funds flow so using that approach would make more sense

In that situation the Platform is assessed the Stripe fees anyway so you wouldn't need to go through the hassle of tracking down those fees and transferring them. You could just transfer the full price for the product/service

https://stripe.com/docs/connect/charges-transfers#collecting-fees

[tiny fjord]

Yes, it seems like it would make more sense, but I would be responsible for any type of fraud that the connected account were to do?

[rancid nest]

Yes in that case

[tiny fjord]

so just to clarify one thing, in case of a refund, it has to be full amount or the amount after stripe fees?

Let's say on your first sale, you could go into negative balance

[rancid nest]

The refund will be for the full amount charged. Yes you can go negative

[tiny fjord]

Ok thats clear.

Thanks a lot for this info