#new-dev
neon latch
hexed halo
Hello 👋
If you want to control the timing of transfer to the connected account then you'd want to use SC&T.
Destination charges will create a transfer automatically and won't give you any control over the timing.
Our team won't know much about the fees so we can't recommend anything for 2/
raw quartz
Hey Hanzo - but if I use destination could I not set the payouts to be manual and essentially just control the payouts instead of the transfers?
Is this really just 6 of one and half dozen of the other given I need to control either tr_ or po_ ?
hexed halo
If I remember correctly, I think the express account can change the payout schedule via the dashboard. Let me double check
okay ^that might be a wrong assumption.. Cant' find any docs to confirm that so yeah destination charges with manual payouts could work..
raw quartz
yeah from this it seems like I can control the payout timing https://stripe.com/docs/connect/accounts#choosing-approach
hexed halo
yeah maybe I confused this with Standard accounts, sorry about that
raw quartz
All good!
So really the fund flow doesn't make much of a difference? (beyond the cost which I can look more into, but given there is a ~20c fee per payout, it would seem to be more costly to have manual payouts opposed to a daily one)
10c**
hexed halo
Not sure about the fees really but yeah since in your usecase only a single user (connected account) is involved, it doesn't really make much of a difference I think..
raw quartz
The only other issue I see is if I go with SC&T then my platform balance acts like an FBO account for the connected accounts and I would have to build a way to track what funds are mine and what funds are mine vs being held for the platform - can you recommend a way to manage this on Stripe (if it exists)?
hexed halo
You can refer to the source transaction I think
https://stripe.com/docs/connect/charges-transfers#transfer-availability
It ties the transfers to existing charge
raw quartz
ah ok and then just sum the tr amounts minus the source transaction amount?
hexed halo
not sure I'm on the same page ^
Maybe an example would help?
raw quartz
Charge = 100
Fees = 5
10 transfers = 9.5 each
So if I sum the amount of all of the transfers from a parent source transaction, then calculate the difference, I can know how much to payout to my, platform, bank account and not mix with the FBO funds which are also in my platform account
hexed halo
Ah okay, yeah makes sense.
I'd highly recommend testing this out in test mode to be 100% certain of the expected behavior.