#lkcpo
lament nimbus
rare pond
@loud junco let's chat here!
loud junco
Ok, here.
Fully updated.
I was on Stripe Support call today and they said I wasn't taking my fee ($3.00) and thats why- but as I looked at the data, clearly, we are. It's setup right.
But maybe I'm not seeing a fee or we have incorrect setup -- something wrong, because with every transaction-- my account should be positive based on the logic above....
rare pond
Thanks for the summary! We unfortunately can't help with questions about account balances. Support is the right place to go for these kinds of questions.
loud junco
makes sense -- but from technical perspective dows my logic as described make sense?
Obviously, API's in place to support it
rare pond
It does make sense. What charge type are you using here (direct, destination, separate charges + transfers)?
loud junco
crap, i dont know if I know that off hand...
Let me look back at this -- i just don't remember. Startup world is nuts.
I know we're using "paymentintents" if that helps -- just not sure how those relate to the types you desribe above.
rare pond
Not exactly, since PaymentIntents would be used for any of the charge types above. Since you're transferring funds to the connected accounts on a specific schedule, your'e likely using separate charges and transfers. You might run into issues if you transfer funds to a connected account before those funds from the original charge settle in your platform account.
loud junco
Ahh, ok. makes sense.
Let me get with the team to understand this a bit more. I appreciate it -- ok if we leave this open until tomorrow?
I think what I want to do is:
- Transaction happens
- We hold the $ in main stripe account for 5 days.
- We then transfer 3.00 to our connected account, transfer clients $ to their connected account.
- Then main stripe account serves as a QB - transfer $ to connected accounts, but also as a bucket for stripe fees.
Seems that way it will always hit zero if we only transfer Fees every (X) days/weeks. Should never hit below.
At least in my head.
We're doing all of that now-- except for the API to "our own" connected account.
--
Hell, now I've talked myself into circles!!! haha.
thanks for the help, we'll dive in more.