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April 10, 2020
Question

Square Integration (Invoices and Income)

  • April 10, 2020
  • 1 reply
  • 7 views

I’m using Square for my POS and I’ve, I think, integrated/synced with QB correctly. On my Profit and Loss Report I have two Income line items that are accounting for the same $$. The income lines are:

 

1. Sales of Product Income: which is showing deposits/transfers from Square into my checking account. 

 

2.Square Income: shows the sales transactions from Square so the customer invoices

2. 

1 reply

Tori B
QuickBooks Team
April 10, 2020

Happy Friday, @jay43.

 

It sounds like you're on the right track. 

 

If you see transactions from Square, then you're synced up correctly. You're more than welcome to share a screenshot if you'd like to have someone see this visually. If you have further questions, please feel free to reply below. I'm happy to help you out with any concerns you may have. 

 

In the meantime, you can check out Sync Square with QuickBooks Online for more details about the syncing process. 

 

You can always reach back out to the Community anytime you need a helping hand in getting back to business. Take care and enjoy your weekend! 

 

jay43Author
April 12, 2020

Thanks Tori but I’m missing a step, I think. The two line items are accounting for the same money square deposits/transfers and then the customer transactions/invoices so it’s inflating my earnings b/c things are being accounted for twice. Is there something I need to do to match/reconcile these?

jay43Author
April 12, 2020

Thanks Tori but I’m missing a step, I think. The two line items are accounting for the same money square deposits/transfers and then the customer transactions/invoices so it’s inflating my earnings b/c things are being accounted for twice. Is there something I need to do to match/reconcile these?