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 לפני חודש
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.