Stripe Capital Tracking

Stripe Capital Paydown Tracking is a premium feature accessible with our paid plans (standard or premium tier). This feature will track the Stripe Capital Loan payments in your QuickBooks account.

While we are able to track the total payments against your original liability, the account you choose to track the payments into will eventually go negative and show the total amount of interest paid on the loan. So if your original Stripe Capital Loan was $10,000, and you pay over the full term, the account you chose to track the payments into will end at -$2,000 (for example). This is because we need to find a way to parse out principal payments vs. interest into two separate accounts. As additional functionality is created within the Stripe API, we will separate the principal paid and interest paid into two separate accounts. In the meantime, please be sure to rely on Stripe's statements and create journal entries as needed.