Setting up Stripe Account Codes for Xero

If you are utilising the Xero Addon, at this point you will need to setup the account codes for syncing online payments data to Xero.

By clicking the link to the Accounting section you will be taken to the Stripe tab on the Connect Accounts section of the Xero integration.

In this section of the settings you can set Stripe codes and create a Stripe Clearing Account in Xero. Be sure to click Save Stripe Codes to save your selections. 

Stripe Clearing Account

Pet Manager can automatically create a clearing account for Stripe transactions. This is used to record all fees associated with Stripe transactions and automatically record movement of funds from Stripe to your bank account.

Press

to have Pet Manager create Stripe Clearing Account in Xero which is of type Current Asset.

If you wish to create your own account or already have an account to use then select it from the list or resync accounts if you just added it manually to Xero. The account must be of type Current Asset and have "Enable Payments to this Account" enabled. 

Select the clearing account in the Stripe Clearing Code dropdown.

Stripe Bank Code

This is the bank account into which Stripe deposits money. If you have clearing account setup, Pet Manager will automatically transfer funds from the clearing account to this bank account when it is notified of a transfer by Stripe.

Stripe Expense Code

This is the account which will record Stripe transaction fees.

Once you have setup these codes and pressed

then you can proceed to switching on Stripe online payments under