Question to people using Stripe Connect

I will also do some more testing. So the solution @ihor mentioned for the next update related to your item “1”. That funds can be transferred to a connected account, even if they are not yet arrived. Might this solve some of the problem?

  1. Funds are “pending” on the main account.
  2. Hivepress triggers the correct amount - commission to be transferred to the connected account. From there more control over those funds.
  3. There will be an virtual negative balance on the main account until pending funds are released?
  4. Money sits in the connected account until the vendor moves it to their own account.

let’s consider a client pays $1000 for an accommodation. The money arrives instantly on the Stripe main account but on the “pending” balance. After 7 days the money is released. Client visits the accommodation after 1 month. Hivepress will trigger a Stripe transfer total amount - commission after the booking period ends. Money will be transferred to the connected account for the vendor to “pickup”.
This continues for a while.

After a period you want to collect the received commission from the Stripe main account to your bank account. How to determine how much can be transferred. Is there a report that shows the total amount of commission for completed orders? Might that work? Like in the strip or Woo-commerce dashboard?

@ihor when is the next release that includes that update using source_transaction parameter