Tagged: Square Charges
As you outlined in the new procedure for Square integration with Quickbooks, I am creating a Sales Receipt that has line items for Square Receipts, Square Fee, and Square Charge. These entries automatically make a deposit in the checking account which matches the Square Charge.
When I run the Quick book Bank Feeds I find another automatic deposit from the bank to the checking account that corresponds exactly the the Square Charge entered on the Sales Receipt.
Which is all wonderful since my checking account looks real good. But I am totally double entering all of my Square Charges.
I must be doing something wrong. I can delete my duplicate entry and everything should be OK. Should I stop entering the sales receipt or should I stop doing the Bank Feeds?
Correct, the deposits are being duplicated because of the bank sync. Keep the bank feed process going because that is useful for the other transactions, but don’t accept the deposits coming from Square. The sales detail that shows on the sales receipt is critical, so that step needs to continue.
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