Square via Commerce Sync at all stages (Sales/Invoice, Payment, Deposit)

Hi everyone,

I have recently transitioned from a different accounting software (Xero - fewer capabilities, but more simple) to QBO. The business has three locations, and so I use Commerce Sync to separate the sales into each location while still having a single set of financial statements.

I'm struggling to make sure I'm doing the right thing at all stages of the transaction, since a lot of the feeds are automatic, and things can get out of control quickly. I'm going to lay out my understanding of each stage, and would appreciate some feedback.

1) Sales/Invoice

Sales (let's say just credit card in this scenario) at each location are recorded by Square throughout the day. At the end of the day they are sent to Commerce Sync, who sends them to Quickbooks. This shows up in the form of an invoice automatically, and there is nothing I need to do. A receivable is created, and the entry for the entire day would just be:

A/R                    XX.XX

                    Sales                   XX.XX

2) Payment

Square issues payment. This gets posted to Undeposited Funds, and offsets the receivable. It appears that this workflow happens automatically with Commerce Sync. Assuming I want to keep using Undeposited Funds, it doesn't appear that I need to do anything. The entry would be:

Undeposited Funds                    XX.XX

                   Accounts Receivable                   XX.XX

3) Deposit

This is where I'm getting confused. In Xero, invoices would debit to a clearing account, and then when the deposit was made into my bank account I would offset the clearing account with a credit. Here, it seems I need to create a deposit (daily? weekly? does it matter?) which would offset the Undeposited Funds and debit the bank account. Is that right? So is the entry essentially:

Cash                    XX.XX

                  Undeposited Funds                   XX.XX

After that, I'm unclear on two things:

First, if I created a deposit, then what do I do when I need to review the transactions in my bank account?

Second, I have an account labeled SYNC009 Square Deposit. When I review a bank account deposit, it looks like this account gets debited, almost as if it is the account offsetting Undeposited Funds by default. How does this account fit into the workflow?

Very sorry if I'm completely off-base. I'm new to the software and can't find a comprehensive source on how to work through these, or which settings need to be changed. I appreciate your guidance!