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Stripe v. LynnBrook

Susan P
Dec 4, 2020 10:47 AM
Joined Feb, 2016 3 posts

I'm struggling with reconciliation batched bank deposits to the individual reservations in my accounting system. I currently use LynnBrook for taking payments and they don't provide an easy way to associate a batched desposit with the reservation invoices the deposit is associated with. Wondering is Stripe provides better access to data for doing this sort of thing or if anyone is willing to share their experience doing bank reconciliations for their stripe transactions.

GetStay
Dec 20, 2020 9:17 PM
Joined May, 2020 20 posts

Hi Suzan,

Let’s start with the fact of dealing with deposits thru any payment gateway. You could set a “Hold” on CC’s and god forbid IF they mess up, you could charge that. I’m not fully sure if you could assign separate payments and that’s not really where you’d go when looking for automation.

Keep in mind that every guest could prefer to have their deposit back (at departure, other debit acc.) in a different way, try avoiding giving them a choice.. and having to deal with it one month after departure.