Intro
For operators of self-storage facilities, managing financial records is a crucial aspect of the business. The Stripe Dashboard offers a streamlined process to export payout information, providing detailed insights into your transactions. This feature allows you to download comprehensive reports for reconciliation, giving you a clear overview of which invoice was part of which payout. This aids in accurate financial planning and record-keeping.
Step-by-Step Guide to get the Export
To make the most of this feature, follow these straightforward steps:
Step #1 - Find the report section
Log in to your Stripe Dashboard and go to the Reports section for Reconciliation.
Step #2 - Downloading the Report
First select a timeframe.
Then, in the "Payout reconciliation" section, click on the Download button.
A pop-up window will appear. Here, select:
Report Format: Choose "Detailed".
Reporting Category: Select "All".
Columns: Choose "All" or "Custom", depending on the specific information you require.
Click on Download to proceed.
Step #3 - Matching Payout IDs
Once the report is downloaded, compare the values in the automatic_payout_id column with the IDs of the payouts found at https://dashboard.stripe.com/payouts.
This comparison will help you identify which invoice corresponds to which payout.
So, let's say if you want to check which invoice were part of this payout:
You have to make sure to download the report from Step #2 in the same timeframe as the payout and then in the Excel (after you converted the CSV file) filter by this payout_id.
Example and Use Case
Imagine you've recently processed multiple transactions through Stripe for your self-storage facility services. At the end of the month, you want to reconcile these transactions with your bank statements. By exporting the payout information as detailed above, you can easily match each invoice to its respective payout, ensuring your financial records are accurate and up to date.
Conclusion
Exporting payout information from the Stripe Dashboard simplifies the process of financial reconciliation for self-storage facility operators. It ensures accuracy in your financial records, helping you to maintain a clear understanding of your business’s financial health.