@Hammer88 I assume you mean to another Square account? If so, it is not. By law, and by Square's agreements with the card networks, all payments made under a Square account belong to that account, period. One Square account can't accept payment for another Square account that are then the responsibility (for taxes, etc) of another Square account. That's actually bordering on money laundering and would raise red flags all over the banking system.
A good example is a Square seller who owns a building full of booths that vendors rent from them, where all customers pay using the building owner's account. From Square's point of view, all of those sales belong to the building owner/landlord and must be reported to the authorities as such. Of course, using proper account methods money and sales can be moved around legally and properly. But that's more of an accounting question and you'd need to consult with an accountant and tax lawyer in order to do this the right way.
Chip A.
Square Expert & Innovator and member of the Square Champions group. (But NOT a Square employee, just a seller like you)
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