💸 Smarter Stripe > QBO Payment Tracking

We’ve now improved how payment data syncs from Stripe to QuickBooks Online, giving you better visibility into your revenue and cash flow:

Now you can see all your electronic payments, fees and deposits in one place along with their status, avoiding needing to go into Stripe for this visibility.

You will no longer need to do manual work in Quickbooks due to mismatches between deposit amounts and invoices!

Now, when an invoice is successfully paid, the payment is first recorded in the “Undeposited Funds” account (unless you've set a different account in your Monograph settings). This acts like a temporary holding spot for payments you’ve received but haven’t yet deposited into your bank account.

When the payment is deposited into your bank account, it will be recorded as a deposit into your designated bank account and any processing fees (if applicable) will be automatically deducted and recorded as an expense.

This should eliminate any extra work in QuickBooks and ensure that the deposit amounts match exactly with your bank feeds.