| Set up Invoice Payments in Sage 50 Accounts v26 and below |
Description | This article applies to Sage 50 Accounts v26 and below, if you're using Sage 50 Accounts v27, please refer to our latest version guide. With Sage Invoice Payments you can request and receive payments from your customer by either card, using Stripe, or PayPal. Once paid, any transactions automatically post into your Sage Accounts software. NOTE: If you use Sage Drive, you can only set up Invoice Payments at the main site. |
Resolution | [BCB:18:Wizard code:ECB] To set up Invoice Payments: - Open Sage 50 Accounts and log on as MANAGER.
- On the navigation bar click Settings then click Invoice Payments and click Let's get started.
If you've previously set up Invoice Payments, click Manage account then continue to step 4. - Enter and confirm an email to use as a point of contact for Sage Invoice Payments then click Sign Up.
- Complete any verification windows then the Provider List appears.
- Which payment provider do you want to add?
Stripestripe;stripe,st_new_0,st_new_1,st_new_2,st_new_3,st_new_4,st_new_5,st_new_6,st_new_7,st_ex_0,st_ex_1,st_ex_2,st_ex,st_ex_4,st_ex_5,st_ex_6,st_ex_7,paypal,pay_ex_0,pay_ex_1,pay_ex_2,pay_ex,pay_ex_4,pay_ex_5,pay_ex_6,pay_ex_7,pay_new_0,pay_new_1,pay_new_2,pay_new_3,pay_new_4,pay_new_5,pay_new_6,pay_new_7,next_steps,stripe_note;null PayPalpaypal;stripe,st_new_0,st_new_1,st_new_2,st_new_3,st_new_4,st_new_5,st_new_6,st_new_7,st_ex_0,st_ex_1,st_ex_2,st_ex,st_ex_4,st_ex_5,st_ex_6,st_ex_7,paypal,pay_ex_0,pay_ex_1,pay_ex_2,pay_ex,pay_ex_4,pay_ex_5,pay_ex_6,pay_ex_7,pay_new_0,pay_new_1,pay_new_2,pay_new_3,pay_new_4,pay_new_5,pay_new_6,pay_new_7,next_steps,stripe_note;null - Do you already have an account with Stripe?
Yesstripe,st_ex_0,st_ex_1,st_ex_2,st_ex,st_ex_4,st_ex_5,st_ex_6,st_ex_7,next_steps;stripe,st_new_0,st_new_1,st_new_2,st_new_3,st_new_4,st_new_5,st_new_6,st_new_7,st_ex_0,st_ex_1,st_ex_2,st_ex,st_ex_4,st_ex_5,st_ex_6,st_ex_7,paypal,pay_ex_0,pay_ex_1,pay_ex_2,pay_ex,pay_ex_4,pay_ex_5,pay_ex_6,pay_ex_7,pay_new_0,pay_new_1,pay_new_2,pay_new_3,pay_new_4,pay_new_5,pay_new_6,pay_new_7,stripe_note;null Nostripe,st_new_0,st_new_1,st_new_2,st_new_3,st_new_4,st_new_5,st_new_6,st_new_7,next_steps,stripe_note;stripe,st_new_0,st_new_1,st_new_2,st_new_3,st_new_4,st_new_5,st_new_6,st_new_7,st_ex_0,st_ex_1,st_ex_2,st_ex,st_ex_4,st_ex_5,st_ex_6,st_ex_7,paypal,pay_ex_0,pay_ex_1,pay_ex_2,pay_ex,pay_ex_4,pay_ex_5,pay_ex_6,pay_ex_7,pay_new_0,pay_new_1,pay_new_2,pay_new_3,pay_new_4,pay_new_5,pay_new_6,pay_new_7;null - Click Stripe then click Connect.
- Enter and confirm your email address, then click Create Account.
- A confirmation email is sent to the email, please click the link Claim your Stripe account.
- Enter and confirm a new password for your Stripe account, then click Save your Stripe account.
- Click View your dashboard then click Activate your account.
- Enter the requested information, then click Activate account.
- Back in Sage 50 Accounts, click ✗ to close the Stripe window then enter the following details in the Stripe tab:
Stripe account - Base currency | Click the drop-down and click the bank account that represents your Stripe account. To create a new bank account, click New. | Foreign Accounts | Click Foreign Accounts to set up any foreign Stripe accounts. | Fees nominal code | Enter the nominal code you want post the Stripe fees to. | Fees tax code | Enter the tax code you want to post Stripe fees with.
TIP: If you're based in the UK, choose your exempt tax code, T2 by default. If you're based in the Republic of Ireland, choose your standard rate tax code, T1 by default.
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- Click OK.
- Click Stripe then click Connect.
- Click Sign In then click Sign in with Stripe to connect.
- Enter your Stripe email and password then click Sign in to your account.
- Complete the verification windows.
- Click ✗ to close the Stripe window then enter the following details in the Stripe tab:
Stripe account - Base currency | Click the drop-down and click the bank account that represents your Stripe account. To create a new bank account, click New. | Foreign Accounts | Click Foreign Accounts to set up any foreign Stripe accounts. | Fees nominal code | Enter the nominal code you want post the Stripe fees to. | Fees tax code | Enter the tax code you want to post Stripe fees with.
TIP: If you're based in the UK, choose your exempt tax code, T2 by default. If you're based in the Republic of Ireland, choose your standard rate tax code, T1 by default.
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- Click OK.
- Do you already have an account with PayPal?
Yespaypal,pay_ex_0,pay_ex_1,pay_ex_2,pay_ex,pay_ex_4,pay_ex_5,pay_ex_6,pay_ex_7,next_steps;stripe,st_new_0,st_new_1,st_new_2,st_new_3,st_new_4,st_new_5,st_new_6,st_new_7,st_ex_0,st_ex_1,st_ex_2,st_ex,st_ex_4,st_ex_5,st_ex_6,st_ex_7,paypal,pay_ex_0,pay_ex_1,pay_ex_2,pay_ex,pay_ex_4,pay_ex_5,pay_ex_6,pay_ex_7,pay_new_0,pay_new_1,pay_new_2,pay_new_3,pay_new_4,pay_new_5,pay_new_6,pay_new_7,next_steps;null Nopaypal,pay_new_0,pay_new_1,pay_new_2,pay_new_3,pay_new_4,pay_new_5,pay_new_6,pay_new_7,next_steps;stripe,st_new_0,st_new_1,st_new_2,st_new_3,st_new_4,st_new_5,st_new_6,st_new_7,st_ex_0,st_ex_1,st_ex_2,st_ex,st_ex_4,st_ex_5,st_ex_6,st_ex_7,paypal,pay_ex_0,pay_ex_1,pay_ex_2,pay_ex,pay_ex_4,pay_ex_5,pay_ex_6,pay_ex_7,pay_new_0,pay_new_1,pay_new_2,pay_new_3,pay_new_4,pay_new_5,pay_new_6,pay_new_7,next_steps;null - Click PayPal then click Connect.
- Enter an email address and select your country then click Next.
- Enter the requested information and click Agree and Continue.
- Enter your Business information and click Continue.
- Enter the account holder's information and click Continue.
- Click the Go Back button then click ✗ to close the window.
- Click the PayPal tab and enter the following details:
PayPal account - Base currency | Click the drop-down and click the bank account that represents your PayPal account. To create a new bank account, click New. | Foreign Accounts | Click Foreign Accounts to set up any foreign PayPal accounts. | Fees nominal code | Enter the nominal code you want post the PayPal fees to. | Fees tax code | Enter the tax code you want to post PayPal fees with.
TIP: If you're based in the UK or the Republic of Ireland, choose your exempt tax code, T2 by default.
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- Click OK.
- Click PayPal then click Connect.
- Enter your existing PayPal email address and select your country then click Next.
- Enter you email again and click Next.
- Enter your PayPal password then click Log In.
- Click the Go Back button then click ✗ to close the window.
- Click the PayPal tab and enter the following details:
PayPal account - Base currency | Click the drop-down and click the bank account that represents your PayPal account. To create a new bank account, click New. | Foreign Accounts | Click Foreign Accounts to set up any foreign PayPal accounts. | Fees nominal code | Enter the nominal code you want post the PayPal fees to. | Fees tax code | Enter the tax code you want to post PayPal fees with.
TIP: If you're based in the UK or the Republic of Ireland, choose your exempt tax code, T2 by default.
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- Click OK.
Next stepsOnce setup is complete, you can email your customers an invoice with a Pay Now button, and they can pay you online. When you start processing live payments from your customers with Stripe, you will not receive your first payout until 7–10 days after your first successful payment is received. |
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