How to Set Up and Track Stripe Payment Processor Fees in Webgility Desktop
This article helps Webgility Desktop users set up and track payment processor fees Stripe, by providing step-by-step instructions to accurately record fees for improved financial tracking and reconciliation.
Complete the following steps:
1. Navigate to Connections > Accounting/POS/ERP > Posting Settings.
2. Click on Expenses & Fees. Then, select I want to record payment fees and I want to refund recorded payment fees.
3. To connect Stripe, click on the gear icon in the top right.
4. You can record fees as Bill Paid, Bill Unpaid, Check, or Line Items in sales transactions.
5. If you select Check, you will need to provide your Bank account and Default payee, along with some optional details.
6. You can select posting settings based on payment methods.
7. If you select Bill, you will need to provide a Default vendor and Expense, along with some optional details.
8. You will be able to see payment processor fees in the order details view in the Payment Processor Fee tab.