{"id":22248,"date":"2024-06-05T20:44:32","date_gmt":"2024-06-05T20:44:32","guid":{"rendered":"https:\/\/synder.com\/help\/?p=22248"},"modified":"2026-09-28T16:45:39","modified_gmt":"2026-09-28T16:45:39","slug":"categorize-stripe-capital-financing-paydowns-loan-repayments","status":"publish","type":"post","link":"https:\/\/synder.com\/help\/categorize-stripe-capital-financing-paydowns-loan-repayments\/","title":{"rendered":"Categorize Stripe Capital Financing Paydowns (Lending Liability)"},"content":{"rendered":"\n
If your business takes a Stripe Capital loan<\/a>, Synder has you covered. When Stripe deducts a repayment from your payout, Synder syncs it as a multiline expense<\/strong> called Financing Paydown<\/strong>. Each synced transaction includes two line items:<\/p>\n\n\n\n To make sure these transactions land in the right accounts in your books, follow the steps below.<\/p>\n\n\n\n Synder has a dedicated Lending Liability<\/strong> field in your Stripe integration settings. Set it once, and all Financing Paydown transactions will be applied to that account automatically.<\/p>\n\n\n\n When Stripe deposits the advance into your account, Synder does not create a separate transaction for it \u2014 the deposit arrives as part of your regular payout. You need to manually record the initial loan amount in your accounting platform. Make sure to record it to the same account you selected as the Lending Liability in Step 1<\/strong> \u2014 this way, as Synder syncs each Financing Paydown, your outstanding loan balance decreases in that account and you can track how much is left to pay off. Please note, the initial Loan entry as well as paydown should be recorded to the same account to track your loan getting paid off.<\/em><\/p>\n\n\n\n If you need to post the Advance amount<\/strong> and Premium amount<\/strong> to separate accounts, you can use a Smart Rule template. This gives you full control over how each line item is categorized.<\/p>\n\n\n\n Once your settings and rules are in place, sync your Financing Paydown transactions:<\/p>\n\n\n\n On Summary sync, Financing Paydown transactions are included in your daily summaries and will appear as a separate Loans<\/strong> group in your mapping table. Map the Loans group to the appropriate liability account from there. Make sure to use the same account for the initial loan entry in Step 2<\/strong> \u2014 this keeps your outstanding balance accurate as each paydown is applied.<\/p>\n\n\n\n If you need to split the repayment and interest into two separately mappable lines, you can use custom groups<\/strong> with a line item condition. A line item condition lets Synder identify the Advance amount and Premium amount as separate lines and map each to a different account. See Summary Sync: Understanding Mapping Groups<\/a> for full instructions on setting this up.<\/p>\n\n\n\n That’s it! Now you know how to handle Stripe Capital Financing Paydowns in Synder.<\/p>\n\n\n\n\n
Step 1: Set up the Lending Liability account in Fees settings<\/strong><\/h2>\n\n\n\n
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<\/figure>\n\n\n\nStep 2: Record the initial loan in your books manually<\/strong><\/h2>\n\n\n\n
Synder will account for the ongoing repayments (Financing Paydowns), but the initial loan entry must be made manually.<\/p>\n\n\n\nStep 3 (Optional): Split repayment and interest using Smart Rules<\/strong><\/h2>\n\n\n\n
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Note<\/em><\/strong>: Start the Rules trial if this is your first time.<\/li>\n\n\n\n<\/figure>\n\n\n\n
Step 4: Sync Financing Paydown transactions<\/strong><\/h2>\n\n\n\n
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Note<\/em><\/strong>: if transactions were already synced over, roll them back first and then sync again to apply the rule to them.<\/li>\n<\/ol>\n\n\n\n<\/figure>\n\n\n\n
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Summary Sync users<\/h2>\n\n\n\n