#SeniorSiestar
1 messages ยท Page 1 of 1 (latest)
Hi ๐ when you say your Connected Account needs an Invoice also, is that the same Invoice that is available to you as the Platform, that you could then send to the Connected Account?
No, unfortunately not. I will try to explain
We have user, he pays $10 incl. $2 VAT (25%) for our service.
Now we, as a platform, get $1 as fee. But we cannot pay $2 VAT, we only need to pay 25% VAT. So there must be a document which says "your platform account received $1 with $0,20 VAT incl." and our connected account only receives $8, so there must be another document which shows "your connected account received $8 with $1,60 VAT incl.". And there must be another document at Stripe (but that doesn't bother me) which also says $1 with 0,20 VAT incl. Where do we get these documents?
User pay $10 incl. $2 VAT (document โ )
Platform account receives $1 incl. $0,20 VAT (document โ)
Connect account receives $8 incl. $1,60 VAT (document โ)
Stripe receives $1 incl. 0,20 VAT (not my business)
The monetary amounts are only made up and not exact, but simply chosen for the example. But the use case is real.
Those details are not something I'm familiar with, I would recommend reaching out to our Support team to see if it is something they're aware of.
https://support.stripe.com/?contact=true
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