Overview:
- Navigate to cash receipts journals
- Select the Stripe Batch
- Review your journal entries
- Post cash receipts journals
Why post Stripe cash receipts journal?
Use the Stripe cash receipts journal to record incoming Stripe payments from your customers. The posting of this journal will update your customer balances in Wiise for invoices that have been paid.
Note: Find out how to set up a cash receipts journal in Wiise.
How to post a Stripe cash receipts journal?
- Search for Cash Receipts Journal on the top right-hand corner of the page and select the related link. The batch page displays.
- Note: If your role profile is a Business Manager, you can select Cash Management on your Wiise landing page. Then, select Cash Receipt Journals.
- Select Stripe as the Batch Name.
Note: Your stripe transactions update on the Stripe journal batch throughout the day with payments received from customers. If the Stripe journal batch doesn’t exist in Wiise yet, you'll need to create a new Stripe cash receipts journal and select the Copy GST Setup to Journal lines check box. - Review the journal lines for accuracy and then post the journal lines.
Note: Stripe's taxation of various products and services varies by the country registered to the Stripe account. For Australia-based accounts, all Stripe fees are subject to taxation, whereas only products like Billing, Connect, and Terminal are subject to tax in New Zealand: - Select Home. Then, select Post. Select Post or Post and Print when you need a printed confirmation.
- A message displays with ‘Do you want to post the journal lines and print the report(s)’? Select Yes to continue or select No to stay on the page.
- A message confirms that the journal lines were successfully posted.
- Select OK to continue.
- You’ve posted a stripe cash receipts journal.
Note: You can verify posted entries in the Customer Ledger Entries.
Note: To ensure accuracy, verify the entries posted to the bank account against the cash receipts journal in the Bank Account Ledger Entries.
Need more help?
No problem, that's what we're here for. Reach out to support@wiise.com anytime you can't find what you're looking for.