Hello there, Xia Wu Bookkeeping!
Thank you for your interest in bringing your Square data into QuickBooks. I'm happy to share information about it.
Doing journal entries does make sense. However, I think it would be more convenient if you just connect your Square account to QuickBooks. With the right setup, your daily sales within Square are brought over to QuickBooks as sales receipts. These details include item name and quantity sold, discounts, shipping charges, taxes, and fees. Then, when your money is deposited into your bank account, that record will also flow into QuickBooks.
You can refer to the article about syncing with Square for more details. Their contact information is on the right side of that article, in case you need assistance with the setup.
I would respect your decision if you prefer journal entries, but we can only assist you with the How-do-I's, not the accounting side.
Let me know if you need anything else. I'll be here to help you further. Take care and enjoy your weekend!
