Sep 27, 2024
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Overview
You can now download a detailed tax invoice for Stripe fees directly from the Stripe Settlements Report. This feature adds a new "Download Invoice" button, allowing users to generate an itemized invoice that summarizes various fee categories. If your Stripe account is based in Australia, the invoice will also include a breakdown of GST (Goods and Services Tax). This update enhances transparency and helps businesses track their Stripe-related expenses more efficiently.
Use Cases
- Detailed fee tracking: Download an itemized invoice that includes transaction fees, chargeback fees, and other fee categories for clearer financial reporting.
- Tax compliance: Australian users can download invoices with a detailed GST breakdown, ensuring tax compliance.
- Efficient financial management: Manage and review all Stripe-related fees in an easily downloadable format for reconciliation and accounting purposes.
- Simplified reporting: Access summarized and itemized CSVs or PDFs directly from the Stripe Settlements report to streamline financial operations.
Limitations
- Tax breakdown limited to Australia: Only users with Australian Stripe accounts will see the GST breakdown. Non-Australian users will not have any tax details included in their invoices.