Stripe & Xero

Stripe & Xero

Linking Stripe to Xero (First-Time Setup)
Scouts Queensland’s preferred approach is for the Finance Team to:
  • Assist formations with opening Stripe accounts
  • Ensure Stripe is linked to Xero correctly
This ensures the default settings in Xero are configured properly, simplifying processes and reducing workload for Treasurers
Important Configuration Notes
If Stripe is already set up, you will need to review and update your settings as outlined below.
⚠️ Do not create separate "Stripe bank accounts" in Xero
This can cause duplication and increase the risk of reconciliation errors.
Updating Settings in Xero (Already Linked)
  1. Click on your formation name (top left in Xero)
  2. Go to:
    Settings → Online Payments → Connected Services → Edit
  3. Update the following:
    • Payment Account
      Set to the existing bank account where Stripe deposits are received
    • Stripe Fees
      No GST -the tax rate differs with powered by Xero Stripe surcharges.
    • Card Surcharge
      Must be turned off (Card Surcharge Ban)