Skip to main content
P
PS6424
February 14, 2024
Question

Square and QB Online Square Income Discrepency

  • February 14, 2024
  • 1 reply
  • 0 views

This related to Square Integration and reconciliation. I ran a square report for balances , which shows for example $865.57 was transferred on one specific day. In QB under App Transactions that amount matches perfectly but when I run P&L for that day the square income is something different. What am I missing? If has nothing to do with Square fees it is accounted for in P&L correctly

1 reply

M
MelroseV
February 14, 2024

Thank you for elaborating your concern about your transactions, PS6424. Let's go over your account for verifications.

 

To facilitate seamless transactions please ensure to double-check your Profit and Loss report, the date, and the reporting method.

 

Here's how:

  1. At the left navigation panel, click Reports.
  2. Look for the Profit and Loss.
  3. Check the date and all the details.

 

In addition, you'll need to review how you categorize your transactions to maintain accurate records by assigning each transaction to a specific business category in your accounting software.

 

Should you need additional assistance in your bank transactions, feel free to include them in the comments below. Stay safe!

Terms & ConditionsAccessibility statement