Setting up Finance Settings
This article covers how to get started with TalleFlow's finance settings so you can start sending invoices and accepting payments.
Vaasu Guduguntla
Last Update 2 個月前
Why Connect Stripe?
Stripe integration enables you to:
- Send professional invoices with online payment options
- Accept credit card and ACH payments
- Track payment status in real-time
- Automate payment workflows
- Generate financial reports
Setup Process
Step 1: Access Stripe Settings
- Navigate to Finance → Settings
- Click Get started with Stripe
Step 2: Stripe Account Connection
- Existing Stripe Account: At the moment you will have to create a new stripe account with us to use Stripe.
- New to Stripe: Create a new Stripe account through the integration flow.
- Required Information: Business details, bank account, tax information.
Step 3: Configuration
- Payment Methods: Enable credit cards, ACH, and other preferred methods.
- Default Settings: Set standard payment terms and late fees.
- Global Surcharge Rate: Set a default surcharge rate in Finance Settings, similar to how global tax is configured. This rate becomes the default when creating invoices. If no surcharge is configured, it defaults to 0 and existing invoices are unaffected.
Step 4: Verification
- Submit required business documentation to Stripe.
- Complete identity verification if prompted.
- Test with a small transaction to ensure proper setup.
Payment Features Available
- Invoice Payments: Clients can pay invoices online.
- Recurring Billing: Coming soon.
- Payment Tracking: Monitor payment status and history.
- Refund Management: Issue full or partial refunds directly from an invoice.
- Financial Reporting: Comprehensive revenue and payment analytics.