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HomeDeveloper toolsStripe ConnectorsNetSuite

Accountant hub

Learn about the workflows that accountants can accomplish using the Stripe Connector for NetSuite.

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The Stripe Connector for NetSuite eliminates manual work and custom NetSuite development by automating accounting workflows. Some benefits include:

  • Automatic creation of entries for customers, invoices, income, and accounts receivable. When using Stripe Billing subscriptions, Stripe provides revenue recognition data for invoice line items.
  • Automatic application of payments and refunds to the corresponding invoices and credit memos.
  • Integration of the dispute lifecycle into NetSuite, including automation of the income, cash, and fees associated with won or lost disputes.
  • Automatic bank reconciliation on the transaction level, including the amount and date of the deposit.

Onboarding

Getting started

Work with an official implementation partner to choose your plan and set up the connector.

Prepare for onboarding

Prepare your Stripe and NetSuite accounts for onboarding before setting up the connector.

Field mapping

Configure the fields and records that you want to map between Stripe and NetSuite.

Accounting by record type

Charges

Automatically reconcile Stripe charges and payments to NetSuite based on how they’re created.

Disputes

Automatically reconcile disputes in NetSuite immediately after they occur in Stripe.

Refunds

Automatically reconcile Stripe refunds to NetSuite bank deposits based on the payment status.

Payouts

Automatically reconcile Stripe payouts to NetSuite bank deposits, including fees and transactions.

Multiple currencies

Accept payments in multiple currencies and automatically reconcile payments that require currency conversion.

Multiple subsidiaries

Support multiple NetSuite subsidiaries with multiple Stripe accounts.

Invoice automation

Credit notes

Use credit notes for out-of-band payments, decreasing invoice amounts, refunds, and discounts.

Customers

Automatically sync your Stripe invoices and associated customers to NetSuite as invoices and customer records.

Invoices

Automatically sync the invoices that you create from Stripe Billing subscriptions or Stripe Invoicing into NetSuite.

Products

Automatically sync Stripe products, prices, and coupons into NetSuite.

Revenue recognition

Automatically sync data from Stripe subscription invoices to NetSuite to enable revenue recognition calculation.

Taxes

Configure how you want to calculate tax with Stripe and NetSuite.

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