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Tips, updates and guides on syncing Stripe with FreeAgent.
Xero doesn't have a native Stripe feed the way some other accounting platforms do. If you take payments through Stripe and file your books in Xero, you're reconciling payouts, fees, refunds, and disputes by hand, or paying for a third-party app to do it. Here's how to do it properly yourself, no app required.
Read moreIf you take payments through vcita, you connected a Stripe account as part of setting up online payments. A reasonable question follows: is that really your Stripe account, or does vcita sit in the middle of it somehow, the way some other booking and community platforms do?
Read moreIf you run a community on Circle and take payments through a paywall, every sale gets charged twice before the money reaches your bank: once by Stripe for processing the card, and once by Circle for facilitating the transaction. Reconciling that properly in FreeAgent means accounting for both, not just whatever number lands in your account.
Read moreAny qualified accountant can file your accounts and keep you compliant. Far fewer actually understand how a subscription business works, and that gap doesn't show up until you need advice that goes beyond compliance.
Read moreMost founders check their P&L every month without really knowing whether the numbers they're looking at are healthy, worrying, or completely normal for a business at their stage. There's no red flag icon that appears when something's off. You have to know roughly what to expect.
Read moreIn the UK, you're legally required to register for VAT once your taxable turnover passes £90,000 in a rolling 12-month period. But nothing stops you registering earlier, voluntarily, while you're still well under that threshold.
Read moreA customer pays you £1,200 for an annual plan. Your bank balance jumps by £1,200 that day. But if your P&L shows £1,200 of revenue in that same month, it's wrong, even though the cash genuinely arrived.
Read moreYou've issued a refund through Stripe. Now what? If you're using FreeAgent's native Stripe bank feed, the refund will appear as a transaction to explain. But if you're recording Stripe payments manually, or if you need the refund linked to the original invoice, there's more work to do. Get it wrong and your accounts will be off—overstated revenue, a Stripe balance that won't reconcile, and potentially incorrect VAT returns.
Read moreStripe batches transactions together and pays out days later, combining multiple payments and deducting fees. Without a clearing account, matching that payout to individual transactions is a nightmare.
Read moreFreeAgent has a built-in Stripe integration. If you're considering using it, or you're already using it and wondering if it's enough, here's an honest breakdown of what it does, what it doesn't do, and when you might need something more.
Read moreStripe subscriptions generate a steady stream of invoices and charges. Reconciling them in FreeAgent means making sure each payment is properly recorded, fees are tracked, and your P&L reflects what you actually earned.
Read moreIf you accept payments in multiple currencies through Stripe, getting that data into FreeAgent correctly is harder than it should be. FreeAgent's native Stripe integration only imports GBP transactions. Everything else is left out entirely.
Read moreIf you use Stripe for payments and FreeAgent for accounting, you've probably wondered how to connect them. There are three main options: FreeAgent's built-in Stripe integration, DoubleAgent, and ClearingHouse.
Read moreIf you sell more than one thing through Stripe, your P&L should show you how much revenue each product generates. But by default, most Stripe-to-FreeAgent setups lump everything into a single income line. That makes it impossible to tell which products are driving your business and which are underperforming.
Read moreEvery few days, Stripe sends a payout to your bank account. That payout is the net result of all your recent charges, minus fees, minus refunds. Reconciling it in FreeAgent means explaining where that money came from, and making sure your accounts reflect the full picture, not just the lump sum that hit your bank.
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