Reserved Funds
Reserved Funds are a Stripe balance transaction type. Although technically the money belongs to you, Stripe holds it in reserve in the case of large refunds or disputes.
Read more about Reserved Funds (or Reserves) here .
If you have Reserved Funds being held by Stripe, you need to account for this balance in QuickBooks as it impacts your balance sheet and can also impact payouts. To track your reserved funds in Acodei, create an asset account and a product associated with it. Then, map this product on the Uncommon Transactions module within the Acodei account mapping.
Once you have the product mapping set up for Reserved Funds, you should be able to see at a glance how much Stripe is withholding from you at any given time, and you can reconcile this account with what you see in Stripe.
Updated 5 months ago