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Square transactions
For square transactions do I create a sales receipt?
Thank you. I meant is there a matching square transactions tutorial?
Hello there, @tonetone.
If you connect Square to QuickBooks, all sales made through Square are imported automatically into QuickBooks, including bank deposits and transaction fees. However, it is important to allocate the income properly from Square deposits in QuickBooks. You don't have to create sales receipts manually.
Alternatively, if you are using the Undeposited Funds in QuickBooks, you can create a bank deposit and match the sales payments accordingly. Here's a step-by-step guide on how to do it:
- Go to the +New button.
- Choose Bank deposit.
- Select the said payments.
- Press Save and close.
Once done, refer to this article to match your transactions: Categorize online bank transactions in QuickBooks Online.
For more information about managing Square transactions in QuickBooks Online, I suggest checking these articles:
Let me also add this great resource that you can use for future reference. This provides complete information on reconciling your account accurately: Reconcile an account in QuickBooks Online.
For more questions about recording transactions in QBO, click the Reply button. We'll be around to help you. Keep safe.