Ask HN: How do you deal with accounting for your EU SaaS?
How do EU companies deal with this? I think I want to put a single transaction into Xero each time we get paid by Stripe, but the hard part is figuring out the VAT of that amount as some of our products are VAT-able and some are not. I want to avoid having to write anything but I think I am going to have to...
Is there a "textbook" way of dealing with this? Currently we are just going
Stripe > Load of Messy code that breaks all the time > Xero
and thinking this:
ChargeBee > Stripe > ??? > Xero
Would be simpler but it still doesn't appear to get us 100% of the way there...