Many small businesses choose to use Square for business operations. Up to this point, it's been challenging to bring in these transactions to record sales, tips, discounts, refunds, taxes, and fees. But now there is a new QuickBooks Online Connect to Square app, and it's FREE.
Actually this app has been around prior to its' current rendition, but it has been recently updated and the new features reflect Intuit's attempt to resolve past issues which users reported in their feedback.
Some of the key benefits to this brand-new Square app are the options to import data using either summary data or individual transactions into QuickBooks Online. The key benefit to utilizing this import is the ability to manage the data. Businesses need to make management decisions quickly.
The Connect to Square app brings in your sales data captured in QuickBooks Online Sales Receipts. The app also has the added ability to track and record multiple locations.
How it works
The Connect to Square’ for QuickBooks Online app automatically syncs sales transactions from the business Square account into QuickBooks, recording the sales, tips, discounts, refunds, taxes, and fees.
By utilizing the summary data, reconciling the bookkeeping can ensure the books are up-to-date and correct.
To learn more about the new connection to the square app you can follow this link.
Remember, the majority of reviews in the Intuit App Center were given prior to the most recent enhancements to this app which were made in response to the feedback that Intuit received. So, if you are a Square user who also is using QBO, be certain to check out this app now, even if your checked it out previously.