#brdata-funds-reconciliation

1 messages · Page 1 of 1 (latest)

carmine tangleBOT
coral sinew
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Hello 👋
I don't think there's a way to group payments like this unfortunately.

weak otter
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Hmm there is no way to do things like lets say you owned a grocery store - you wanted to see how much you sold of cheese vs how much you sold of meat

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You cant break that down in the stripe dashboard based off of tags you put during the checkout proccess?

coral sinew
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Dashboard currently has no way to add custom filters, it only supports following

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Typically merchants track this by adding store information in the metadata

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and then using the API to search for relevant payments

weak otter
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Yes that was my thoughts so if I started putting the store in the metadata

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on the stripe dashboard can I see all the payments based off of the store in the metadata?

coral sinew
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Nope, only the API would be able to filter via metadata.
Like I mentioned, not something that the dashboard can support today

weak otter
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Okay thank you

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Also a quick side question

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If you are using express accounts and have no application fee - who gets charged the stripe fee?

coral sinew
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Assuming you're creating destination charges then in that case Platform is responsible for fees

weak otter
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So does that mean in order for me not to lose money I would need to set the application fee to 2.9% + .30 cents

coral sinew
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"losing" money depends on how much you're transferring to the connected account in the first place. So you'd want to calculate and set the fees accordingly.

carmine tangleBOT
lone forum
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brdata-funds-reconciliation

weak otter
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Gotcha also back to my original question I saw "transferGroup" would this be what I am looking for by any chance?

lone forum
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Not really transfer_group is for a specific flow of funds for Connect so that won't work

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You should use metadata and do your own reporting

weak otter
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Gotcha, so store the store in the metadata then I need to code my own page to display the amount of money collected based off of the store in the metadata?

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I was also thinking about making it so that each "store" has its own connected account

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so then all the funds would be broken up based off of the connected account but all the funds would still be going to the same bank account in the end\

lone forum
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yes

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I mean Connect could work too in that case, up to you to decide here

weak otter
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I am using connect standard accounts - how would I have the client make a new standard account for each store?

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If they have 5 stores would they need 5 different emails and they would just link up to the same bank account?

lone forum
weak otter
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I already have everything setup to collect payments and everything is working fine. The problem I am having is that some of the connected clients have 10 different "stores" they are receiving money from. In the stripe dashboard they want to be able to see how much money each store is bringing in but they cant right now because its all grouped into one amount. If you were in my situation how would you code/handle this? Would you use metadata for each store and display the funds on a custom page or would you have the connected account make X amount more connected accounts and have those link up to each store seperately so they can see the funds that way?

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Another way to look at it is pretend you own a grocery store and you wanted to see how much money you made on Cheese and how much money you made on Meat. Is there a way to break that down in the stripe dashboard using metadata or any specific tags that can be put on each purchase