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Stripe Integration
Stripe Integration
Updated over 3 months ago

Cone payment account is available in paid plans

Table of Contents

  1. Introduction

  2. Cone Payments Account

    1. Advantages

    2. Setting up the account

    3. Incomplete setup handling

    4. Account status

    5. Final steps

    6. Account status

  3. Managing Payment Account

  4. Troubleshooting Account Setup

  5. FAQs

1. Introduction

You can unlock the full potential of your financial operations by integrating payments account with Cone. This powerful combination streamlines your payment processes, making invoice payments smoother and your accounting flow more efficient. It's designed to simplify your financial management tasks, allowing you to spend more time growing your business

Through Cone Payments Account, direct debits (BACS in the UK), ACH payments (in the US), and credit card transactions are processed effortlessly according to your pricing and billing configurations. If you integrate your accounting software with Cone, you can further streamline your workflow by automatically updating the payment status of invoices and sending reminders to your clients about payments

2. Cone Payments Account

2.a Advantages

Cone Payments Account offers numerous benefits:

  • Streamlined payment processing for various payment methods

  • Enhanced efficiency with automatic invoice payment updates

  • Simplified financial management tasks, allowing for business growth focus

2.b Setting up the account

  • Creating a payments account with Cone is a one-time process

  • To create this, head to Settings -> Integrations . Click on Connect in Stripe card under Payment section

  • Then in the sidebar, click Connect against Create Stripe account with Cone

  • Then follow the on-screen instructions to create a payments account with Cone

2.c Incomplete setup handling

  • Once the process has started and if you stop the process in between, status will be shown as Incomplete in the integrations page

  • You can click on Manage to see what additional steps are required to complete the setup

  • You can click on Continue Setup to resume from the last point

2.d Final steps

  • During setup, submit necessary company documents and bank account details for payouts

  • Once all the information is provided, you will be onboarded to payments account with Cone. If all goes through, you will see a screen like below in Settings -> Billing

2.f Account status

  • A successful setup shows Enabled status against Clients payment status . This indicates that you are ready to collect payments from your clients

  • Enabled status under Deposit means you are also set to receive payments into your bank account

3. Managing Payment Account

  • You can view the payment account from the integrations page by clicking Manage on Stripe card

4. Troubleshooting Account Setup

  • If any status other than Enabled is shown, it may indicate that the account is under review or further information is needed

  • Follow on-screen prompts to complete any outstanding setup steps

  • If there's an error with payment account anytime, an alert banner will be shown at the top of the app. Follow the provided link in the banner to resolve any issues promptly, ensuring uninterrupted payment processing

5. FAQs

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