Can my partner and I both use the same Square reader with deposits into different accounts?

[drgarye]

My business partner and I use seperate deposit accounts, but would like to know if we can use the same Square reader (obvioiusly with apps on two different devices)?

[VanKalkerFarms]

You can use the same reader as no information is stored in the reader itself. You will need two separate accounts if you want to deposit into different bank accounts though.

[Sean]

@VanKalkerFarms - As always, thanks for your help! 

@drgarye - If their answer solved your problem, would you mind marking it as "Best Answer"? That'll help the rest of the community find what they're looking for. If not, just write back, and I'll continue to help. Thanks!

[sewfineca]

How is this accomplished?

[VanKalkerFarms]

What exactly are you asking about? There is a lot of information in the posts on this thread. Please clarify what you need help with.

[Turnpark]

Related question: I will be running a cafe and a gift shop at the same purchasing station. Will I be able to deposit the purchases into different accounts depending on what type of item is being purchased (if it's from the coffee shop of from the gift shop)? Or, will I also need two different accounts for that? 

Can a Square account only link to 1 bank account? 

Thank you!

David

[VanKalkerFarms]

It is one deposit account per Square account. What you want to do seems very complicated. You'll either need two devices or will need to constantly sign in and out of the one device. It's very easy to sort out what income came from what category if you set Square up that way. I would suggest setting up your gift shop items in a gift shop category and your cafe items in a cafe category. At the end of the day/week/month, you can determine what sales were in which category and divide up the money in the shared account that way. If you absolutely have to have separate bank accounts, I'd suggest two devices because customers won't be happy waiting for you to sign out of one and into the other.

[Turnpark]

Thank you! That's what I suspected. The other apps don't seem to accomadate this either. 

Thank you for your concise response. 

[Feedback2016]

I have two differant systems and it combines nicely. A service business and a retail business.  

WARNING: once you take these steps you cannot undo your set-up so make sure this is for-you before you proceed.

1. You can set up a new location with all the same information.  

This will allow you to switch between the two or combine both on the same login and register. However, it is a pain in the butt to constantly be asked "Which location would like?" even when you log into this forum you will be forever asked "What Location" anoying. 

2. You can set-up two different online stores as well as two different register pages.  All on the same account and bank.

DONT FORGET - Its all or nothing when you start this process.  Get a second opion and double-triple check before you proceed.

Hope this helps.