Does square see how much my business makes in sales?

[cropseybagels]

does square see how much my business makes in sales? daily? monthly? annually?

[Twpchair]

Absolutely they send you a 1099 at the end of the year they also do square capital loans and go off of your daily swipes amounts and volume. Cash and checks of course not. 

[TheHog]

So they do not see your cash transactions? They only see credit card transactions?

[Twpchair]

Only if you are using their apps and enter in your cash and checks like their cash register systems if you’re just swiping cards and do the rest of your cash business separately than no they don’t know what you’re daily cash business is. Like myself, I use my own cash register for my regular business and swipe cards separately on my tablets. 

[TheHog]

Crap. I was wanting to use the POS for for everything for my own tracking purposes but didn't want them to be able to see the cash. That sucks. 

[cropseybagels]

it really does