thread Re: Does Square offer monthly statements to reconcile against (Quickbooks) in Archived Discussions (Read Only)

Does Square offer monthly statements to reconcile against (Quickbooks)

Remy — Wed, 08 Aug 2018 00:34:53 GMT

Hi Everyone!

I'm seeing 2 weird lines (Sales of Product Income and Square Income) when I create our Profit & Loss statement on Quickbooks (linked to Square). The amounts are different but my guess is that Sales of Product Income=Square Income+Square Fees.

Has anyone has experienced this?
And does Square offer monthly statements to reconcile against?

Thank you!

Remy

Re: Does Square offer monthly statements to reconcile against (Quickbooks)

straycatbrew — Wed, 08 Aug 2018 19:03:56 GMT

While I don't use the integration with the newer QuickBooks, I can only answer the second question. In lieu of a monthly statement, you could change the date range for any of the reports to the month in question, and view those figures. I do this every month and every quarter as a double-check when reviewing my sales tax figures, etc...

Re: Does Square offer monthly statements to reconcile against (Quickbooks)

Remy — Thu, 09 Aug 2018 16:11:04 GMT

Thank you, that's exactly what I was looking for!

---

>In lieu of a monthly statement, you could change the date range for any of the reports to the month in question,

>and view those figures. I do this every month and every quarter as a double-check when reviewing my sales tax

>figures, etc...

Now, I just need help to solve the Quickbooks-Square question about why Square exports transactions to 2 separate accounts on Quickbooks (Square Income, Sales of Product Income)

Re: Does Square offer monthly statements to reconcile against (Quickbooks)

Helen — Thu, 09 Aug 2018 22:17:55 GMT

Hello @Remy! I think it would be worth calling Quickbooks Support so they can help you understand these line entries in Quickbooks and how they relate to your Square reporting. If you've already called and they shared some helpful information please let us know here!

Re: Does Square offer monthly statements to reconcile against (Quickbooks)

lsurent1 — Sun, 20 Dec 2020 03:47:08 GMT

yes I ask them impossible to reconcile