What is Stripe
Stripe is a payment processing service which you can set up in just a few minutes. Stripe allows you to collect payments from your customers via debit/credit cards for a small fee (see pricing here). If you sell online or offer a subscription service then Stripe could be a great solution for you.
How does Stripe work with Pandle
The Stripe integration is available for all Pandle Pro users and works with Pandle in two ways:
1. As a bank feed. Pandle will connect with Stripe to automatically feed all of your transactions into Pandle. This saves users from manually entering these transactions into Pandle or trying to import CSV files. Once the integration with Stripe is set up, users can simply 'check and confirm' the transactions.
Currently Pandle is the only accounting software in the UK that uses Stripe as a feed. This is type of integration is essential as Stripe are now an online wallet meaning transactions can come from different sources and there can be a balance on the account.
2. As a payment processor (due to be released very shortly). Pandle will connect with your Stripe account in order to collect payments from your customers. You can include a 'pay now' button on your customer invoices so that your customers can pay you instantly upon receipt of the invoice via debit/credit card.
Once your customers pay, the invoice status changes from unpaid to paid and you will receive a notification either in app or via email to tell you that the customer has paid (and the amount).
How to setup Stripe in Pandle
Please go to Enter Transactions > Banking Tab > Add New Bank Account
Please call the new bank account Stripe and select 'Stripe' as the entry method. You can the click 'Connect Stripe Account' as follows:
You will then be prompted to enter your Stripe username and password (or set up an account if you have not registered with Stripe). Once you have logged into Stripe you can then click 'Save bank account in Pandle'.
You are now integrated with Stripe and can start feeding through your transactions automatically. Simply click on 'Enter Transactions' in the banking tab and select your Stripe bank account. You will then be asked the date you want to pull transactions from. If you have previous transactions in your Stripe bank account in Pandle (perhaps you were entering them manually previously) then the date after the last entered transactions should be pre-populated. If not then you can choose the start date yourself.
You will then be presented with the feed staus as below
Once this status is set to complete you can click the green check and confirm icon. You will then be shown a list of transactions for you to check and confirm. The categories and tax treatment should be selected for you but you can make changes if something is not correct. Simply tick each transaction (or tick all at the top) and click 'Confirm Checked'
Your transactions will now appear in Pandle.
Stripe payment processing will be released shortly. We will update this help article as soon as it is.