#Anjali - Seperate Charges and Transfers
1 messages · Page 1 of 1 (latest)
Hello, can you tell me a bit more about your concern here?
whenever I made a transfer, I can see that transfer amount is deducted from platform's account balance
What behavior are you looking for instead? I know I just closed a thread with you. We can also re-open and discuss there if you like.
yes
It's an another doubt
My concern is that I wrote codes for payment transfer to connected account.
Now am checking my code is working and everything tracking in dashboard
During verifying the payment transfer, I notice that once a customer made the payment, transfer amount is correctly showing in the dashboard
Then i checked my balance, i noticed that transfer amount is deducting from balance amount
is that the way it's working in test mode
Okay, and what is not quite lining up?
The test mode balance should be accurate. Are you saying that it is not updating for one of the accounts?
Testing this myself right now but let me know what data you have doubts about
No. If a new payment done, the the process like deducted stripe fee, then split remaining fee into one for connecetd account and rest goes to platform balance, right?
Correct. The rest of the funds should remain on the platform
I have noticed that if a new payment made, tranfer amount eg.100 is deducting from my balance amount. Before payment, my balance like 300. after transfer balance amount 200
I think you understand what I am saying
Yes, it sounds like you may be transferring the funds to your connected accounts before they have landed on your platform account.
You can specify that we need to wait for the funds to go to your account before transferring them out https://stripe.com/docs/connect/charges-transfers#transfer-availability
Are you seeing the platform's pending balance go up but its available balance is going down?
My current balance is like
Available to pay out to your bank account
$471,401.48
Currently on the way to your bank account
$0.00
Will be available soon
$499,403.84
previous balance
Available to payout $472,205.18
Will be available soon $498,557.84
What payment did you take in between those two balance snapshots?
And what transfers did you make to your connected accounts?
877 cutomer amount, 803.71 transfer amount
31 stripe fee
our platform amount 42.3
only one connected account in our case
That sounds like that makes sense there. Your availible funds went from $472,205.18 to $471,401.48 which is a difference of $803.70 .
what is that fee under transfer overview?
yes what about our net fee?
Net fee = Customer amount-(stripe fee+ transfer amount)
net fee gets added to our balance, right?
Correct. It might be in your pending balance though if depending on how you set up your test
one more thing where can i see the pending balance?
That is the "Will be available soon" line on your dashboard
Of course, always happy to answer your questions. Thank you for your patience with me asking you so many questions
Thank you so much 😇
one more thing regarding onboarding link, the url we got from create connect has to send to all the users which use our platform for payment, right?
BEFORE any kind of purchase, all users has to connect with our account, right?
Yes, for them to get payment from you. They will need to have an account and go through the account onboarding
ok
same onboarding link can be used for all users?