#ddm4313_connect-fees
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- ddm_connect-applicationfees, 25 minutes ago, 21 messages
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Hi, not sure if it was you or a different staff member I talked to half an hour ago.
๐ You were likely talking to someone else earlier - but I'm happy to hop in and help
So I've been trying to figure out the amount user can payout. I initially thought it was the net that balance tx provides, but it seems not. I have for example net 19.18 gbp, but i can pay out 18.03 gbp
That's what I get when I fetch balance
Connected acc on testmode is acct_1POHGEPqmsZ8NmHv, so you can check. It says total balance is 18.03 gbp
im sure im missing something. but its interesting.
it's interesting. almost as if stripe fees do not apply? the collect fee is 2.00 gbp, amount is 20.03 gbp, minus and you get the amount that can be paid about.
It'd because you've created that payment to have an application fee.
The customer paid 24.00 EUR. That was converted to 20.03 GBP and transferred (see tr_3POk86L91b2XHS3A1R5Lnkh6) to the connected account acct_1POHGEPqmsZ8NmHv. Then, we apply the application fee that gets returned back to the platform which was 2.40 EUR in this case. The 2.40 EUR converts to 2.00 GBP so the connected account ends up with 20.03 GBP (the transfer) - 2.00 GBP (the application fee) = 18.03 gbp
Right. But it also says Stripe processing fee is 0.85 gbp
So where does that counter into this?
and if i may ask, the dashboard shows me the collected fee's conversion to gbp, but i cannot find this same data when i fetch the fee. wondering how you would.
fee_1POk8OPqmsZ8NmHvIY32kPl0 for example
cause im not sure how i'd calculate that myself given that you need the exchange rate and i cant find that either on stripe's api
This diagram may help a bit - https://docs.stripe.com/connect/destination-charges?platform=web&ui=elements#flow-of-funds-app-fee
So the fee is being taken out of the payment on the platform - so if you retrieve balance transaction txn_3POk86L91b2XHS3A1WJSB4wD (the BT associated with pi_3POk86L91b2XHS3A1nl6RpVF) you should be able to see the stripe processing fee
ddm4313_connect-fees
Okay, but as for the fee itself, I get it in the euro currency, not sure how do i get it in gbp
Are you talking about the application fee? As far as I can see you're getting it in gbp
No, this is eur
240 in eur, 200 is gbp converted as far as i can tell
{
id: 'fee_1POk8OPqmsZ8NmHvIY32kPl0',
object: 'application_fee',
account: 'acct_1POHGEPqmsZ8NmHv',
amount: 240,
amount_refunded: 0,
application: 'ca_HUl3szm9jPAjmXnlsd9yqWLQXgyT4UuP',
balance_transac
Did you expand the balance transaction and see what you're getting back there?
i did. no application fee there though
Sorry let me clarify - the Application fee fee_1POk8OPqmsZ8NmHvIY32kPl0 has an assocaited balance transaction txn_1POk8QL91b2XHS3AARdUbNBb. If you retrieve txn_1POk8QL91b2XHS3AARdUbNBb through the API I believe it should be reflected in GBP