1310 Stripe Clearing
Created when you connect Stripe: the net Stripe balance that customers have paid but Stripe has not yet paid out to your bank.
In Solo Superstars
Not in the starting chart. Connecting a Stripe account under Accounting › Bank accounts creates it (Square gets 1311). Payments credit it net of fees; payouts empty it. A balance that never clears is a close exception.
Example
Customer pays $1,200 by card, fee $36: debit 1310 1,164, debit 6010 Bank Charges 36, credit 1100 1,200.
Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.
Also called
- Stripe balance
Related
- Processor clearing — Where a card payment waits between the customer paying and the processor depositing it, net of fees, into your bank. One clearing account per processor.
- Processor payout — A deposit from Stripe, Square or PayPal that bundles several customer payments minus fees. Matching it empties the clearing account.
- Processor fee — What Stripe, Square or PayPal keep from a card payment. Booked as an expense so revenue stays gross.
- Chart of accounts — The list of buckets your money can be sorted into: assets, liabilities, equity, revenue, expenses. New workspaces start with a default set you can rename or extend.
- Default chart — The chart of accounts every new workspace starts with, numbered the way QuickBooks users expect. Yours may have been renamed or extended since.