Stripe feed is a CSV file containing all your Stripe transactions along with the fees charged per transaction. You can import this file into Xero or other accounting softwares to help reconcile your bank statements. It includes details such as the amount received, payee information, description (e.g., invoice number or fees), and payment reference.
To export the Stripe feed, navigate to System > Export > Stripe Feed and download the CSV file.
Exporting Stripe Feed.
After exporting the Stripe feed from TutorCruncher, the next step is to import the CSV file into Xero. To do this:
Log in to your Xero account.
Navigate to Accounting > Bank Accounts.
Click Add Bank Account to add your business bank account.
Adding your bank account in Xero.
After you’ve added your bank account, click Manage Account and select Import a Statement from the Reconcile section. This will take you to the Import Bank Transactions page.
Importing Stripe Feed into Xero.
Click Select File under File to Upload and upload your Stripe feed CSV. When prompted, map the columns from your CSV to the corresponding Xero bank statement fields. Make sure to check the box labeled 'don't import the first line because they're column headings'.
Click Next to preview the transactions, confirm that all details are correct, and then click Complete Import.
That’s it! Your Stripe bank statements have now been imported into Xero. You can review and reconcile your bank statement lines as required.