Sebastian de GoeijShort answer
Payments via a provider such as Mollie, Stripe or PayPal do not reach the bank one to one: the provider collects payments, withholds fees and pays out a net amount periodically. Use a clearing account per provider: reconcile customer payments against invoices, book the payout to the bank off the clearing account and book withheld fees as costs.
Key takeaways
- A payout is net: revenue minus fees, often for many payments.
- Use a separate clearing account per provider.
- Book transaction fees separately.
- Autoboeker matches PayPal payments and brings Mollie, Stripe and PayPal payments into the flow.
How do you book provider payments?
Work with a clearing account per provider.
- 1Open a clearing account per provider.
- 2Book each customer payment from the clearing account against the invoice.
- 3Book withheld fees as costs.
- 4Book the payout to the bank off the clearing account.
- 5Check the clearing balance against the provider's balance.
| Entry | Debit | Credit |
|---|---|---|
| Customer pays via provider | Provider clearing account | Accounts receivable |
| Transaction fees | Payment costs | Provider clearing account |
| Payout to the bank | Bank | Provider clearing account |
How does Autoboeker help?
Connect brings payments via Mollie, Stripe and PayPal into the flow, bank matching matches PayPal payments, and invoices from the client portal have an iDEAL payment page via Mollie.
FAQ
Questions about this topic.
It is a net total of several payments after fees. Use a clearing account per provider.
Yes, for Exact Online, Twinfield and SnelStart.
How Autoboeker solves it
