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donaldem
Level 1

Square sales journal entry

I have set QBO to sync with my square sales. When Square imports the sales, it creates a journal entry for the taxes etc. The tax withdrawals hit my bank account on different days and because of this, I can't reconcile my year-end amounts. How could I adjust the journal entry to match the days it hits my bank account?

 

Thank you,

Donaldem

Solved
Best answer March 22, 2020

Best Answers
MirriamM
Moderator

Square sales journal entry

Welcome to the QuickBooks Community forum, @donaldem.

 

To adjust the journal entry, you'll have to follow the bank statement. If the transaction is not posted, then you don't need to include it when doing a reconciliation. 

 

For guidance in reconciling your account, you can check these helpful resources:

If you have any other follow up questions, let me know by commenting below. I'm here for you; Have a great day!

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1 Comment 1
MirriamM
Moderator

Square sales journal entry

Welcome to the QuickBooks Community forum, @donaldem.

 

To adjust the journal entry, you'll have to follow the bank statement. If the transaction is not posted, then you don't need to include it when doing a reconciliation. 

 

For guidance in reconciling your account, you can check these helpful resources:

If you have any other follow up questions, let me know by commenting below. I'm here for you; Have a great day!

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