Pass Stripe fees from WooCommerce to Xero
What I expected
The expectation is for the order Stripe Fee to be recorded in Xero without needing to connect Stripe to Xero apart from WooCommerce.
What happened instead
The order Stripe Fee (#) does not appear to be passed from WooCommerce to Xero within the Xero's Chat of Accounts page.
Screenshot Link: http://cld.wthms.co/x3j5Yo
It would be beneficial if we can create a condition that recognizes the Stripe plugin as activated and allows users to attach Stripe Fees to an account using the settings under WooCommerce > Xero.
For now, you can use the Stripe to Xero connection: Stripe to Xero: https://www.xero.com/us/partnerships/stripe/
Janis Krigens commented
It seems crazy that the fees are not passed on to xero as expenses and have to be added manually to reconcile the transactions! This feature is a must for this plugin!
Harry Finn commented
We have had this specific feature requested by several clients now, would be really helpful to have this option available within the plugin or via a hook/action/filter etc to pass across to Xero as additional fee items
Jennifer Reynolds commented
Hey John Coy, you have shared the great idea on passing stripe fee from WooCommerce to Xero. Loved it! https://www.blockwallphoenix.com/
Darren E Cowlet commented
Absolutely essential for this plugin to have any value!
I too was surprised this doesn't work, since it gives you the option to add a Xero Account Code but it does nothing with it. I suppose a work around is to download the monthly invoice from Stripe and put the lump sum as a Direct Costs expense at the end of each month.
I too have been going around in circles trying to get the Stripe fees to appear in Xero. The Xero Support team have been less than useless, pretty much implying that I am the only person in the world trying to connect WooCommerce with Xero.
Glad I found this thread and am not alone as Xero would have me think.
Has anyone found a fix to this? Assume it hasn't been added to the plugin as it still doesn't give me the option?
Thomas Martin-Wells commented
Fixing this issue would really benefit the integration. as it stands currently it just creates needless work and confusion for the accountants and it can lead to duplicated sales revenue by reconciliation errors.
I agree we need this badly as there is no way to pass these fees into xero from woocommerce
Also looking for this.
I agree. WooCommerce already has an API connection to Stripe. It should report the Stripe fees for each order to Xero so that they can automatically be recorded in a corresponding Xero expense account.