Integrate an accounting tool

Use QuickBooks to bring Stripe data into your accounting workflow. You can also use the Stripe Connector for NetSuite and other Stripe apps.

Export account activity to QuickBooks

In addition to the CSV-formatted reports that are available for export in the Dashboard, information about payments, refunds, fees, and payouts is also available in a QuickBooks Desktop-compatible IIF file. You can download this from the Legacy exports settings in the Dashboard.

You can also use accounting Stripe apps to automate your bookkeeping, keep your financial data updated, and eliminate the need for manual data entry.

QuickBooks accounts

If they don’t already exist, the exported IIF file creates the following nine accounts in QuickBooks. All of the Stripe-created accounts are prefaced by Stripe to make them easy to locate and identify.

If these accounts already exist but are of a different type than what you see in the exports file, QuickBooks presents an error about being unable to change the account type. If this occurs, you can edit the conflicting accounts to have the same type as the IIF file.

Date format and timezones

The IIF file formats the date as MM/DD/YYYY. QuickBooks uses the same date format as your operating system. If this differs from the exported file, you can temporarily change your operating system’s date format:

1. Set the date format in your operating system to MM/DD/YYYY.
2. Import the QuickBooks IIF file.
3. Change your operating system’s date format back to your preferred style.

Your account’s timezone setting is used for the date range of the IIF export.

Merge QuickBooks accounts

You might want to merge one or more of these created accounts with an existing QuickBooks account. In particular, you might want to merge the Stripe Checking Account, which represents the bank where your Stripe payouts are sent, with your actual banking account in QuickBooks:

1. Select Lists > Chart of Accounts to view all of your accounts.
2. Make sure both accounts being merged are on the same level (that is, both can be sub-accounts or both can be primary level accounts).
3. Select the account you don’t plan to use (for example, Stripe Checking Account).
4. At the bottom of the Chart of Accounts window, click Account > Edit Account.
5. Change the name of this account to match the exact name of the other account (the one you want to keep).
6. Click Save.

You’re then prompted about merging the account with an existing one. Click Yes to proceed with the merge or No to cancel. The records in the renamed account are merged into the retained account. Accounts must be merged after each new import.

Connect platforms with Custom accounts

Platform owners with Custom accounts can view the Dashboard of connected Stripe accounts. From the connected account’s Dashboard, export an IIF file in the same way as a normal Stripe account.

Connect platforms creating charges on behalf of connected accounts that need to generate 1099s for Custom accounts must declare the correct tax-line mapping of the Stripe Third-Party Account. This expense account is given an initial tax-line mapping of 1099-MISC: Nonemployee compensation.

For QuickBooks to use Stripe Third-Party Account data for the generation of 1099s, you must first enable this feature in the QuickBooks preferences.

1. In QuickBooks, select Preferences > Tax: 1099 > Company Preferences.
2. Click the link in If you want to map your accounts to boxes on Form 1099-MISC, click here.
3. In the QuickBooks 1099 Wizard, under Accounts used for 1099, select Stripe Third-Party Account.
4. Under Apply payments to this 1099 box for Stripe Third-Party Account, select Box 7: Nonemployee compensation.