#frankcastle_docs
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vital hawk
Hi! That should indicate that it has been paid out, yes.
Can you tell me more about the feature you're building and how this particular bit is useful for that use case?
red roost
I think the recieving bank is probably the source of truth for when the funds actually post, but I don't think we can get that data, so I think this will be the next best thing.
does that sound reasonable to you?
vital hawk
Correct.
That said:
You may want to just listen to https://docs.stripe.com/api/events/types#event_types-payout.paid (and associated) and make use of that, since it's explicitly Stripe telling you that the payout has a new status (paid in that specific case).
red roost
That makes sense. I guess my next question is what is the difference betwen the "paid" status and the reconciliation_status "completed" value? Are they the same thing or is there a subtle distinction?
vital hawk
Great question.
Let's take a step back. Tell me more about what you're trying to build here?
red roost
A platform for a marketplace that will allow buyers to pay sellers. The funds will move into the seller Connect account balance. Then the seller will be able to create a Payout to move the funds from their Stripe Connect account balance to their external account which will be a us bank account.
vital hawk
Ok cool, so manual payouts instead of automatic, so the Reconciliation stuff is useful since there's no direct correlation between a manual payout and what it's paying out.
So what part of that process will involve this particular question?
(reconciliation_status only indicates if you can list it via the Balance Transactions API https://docs.stripe.com/api/payouts/object#payout_object-reconciliation_status)
red roost
Our UI will show a list of transactions in their account. We will show the seller for example when they paid out, how much it was and whether it is posted or pending.
vital hawk
You've seen these, right? https://docs.stripe.com/connect/get-started-connect-embedded-components
red roost
yes, our team has indicated they want a custom dashboard.
vital hawk
Ahh ok. You should get all that info from the payout object - status is the value you want to look at for ... the status. 🙂 https://docs.stripe.com/api/payouts/object#payout_object-status
red roost
ok. Thank you 👍