Sync Square Payroll with QuickBooks Online
When I first set up my QBO, I created an expense account called Paycheck tips. I use Square to do my payroll and split the tips for my employees, and sync Square with QBO. The payroll entries come through to QBO as journal entries and the tips hit Paycheck tips expense account. I noticed that a liability account was also created (called Square Tips) and it kept building up; I believe that the liability account should be cleared against Square payroll entries instead of the Paycheck tips expense account. However in Square dashboard, it doesn't allow me to select the liability account. How can I fix that? Thank you