Square sync along with bank account sync- will this show duplicate deposits and falsely inflate my income?
In July of this year we started using Square POS which has an app for QuickBooks Online. Our sales at a glance seem higher on paper than they should be. I'm wondering if all of my Square sales are duplicating when my bank accounts also sync. The transaction amounts are obviously not the same because my deposits are for the full day, the Square transactions are per sale. I'm wondering if anyone else has the same issue and if so, what's the easiest way to fix? Do I need to go back and delete every bank feed download for credit card sale deposits?
Re: Square sync along with bank account sync- will this show duplicate deposits and falsely infla...
Hello and welcome to the Community, teasechocolates.
It would be my pleasure to answer any questions you may have about the Sync With Square app.
When downloading bank feed transactions for your Square account, you'll need to choose the Match option instead of Add. You can Undo the bank transactions you accept from the For Review tab to fix duplicates.
On the left navigation bar, click Banking.
Go to the Banking tab.
Choose your bank.
Go to the In QuickBooks tab.
Put a checkmark on the box beside the transactions you want to undo.
Select Undo above the Date column.
I'm adding an article with additional information on this (scroll down to Wait, duplicate entries?): Sync with Square Hub
Please let me know if there's anything else I can do for you by leaving a comment below. The Community is on a look out for your response.