Greetings,
I use savings and savings folders for a few purposes regularly — to save money for owner draws, to set aside for monthly sales taxes and a general slush fund.
I’m getting ready to implement a new sick/PTO policy for my management staff and would like to create a folder that would do the following:
- Set aside x% automatically each day
- When the folder reaches some pre-defined dollar amount $x, the automatic savings would stop/pause
- Then, when I transfer money out to cover sick days or PTO requests, those savings would then automatically restart until the goal is met again.
I know how to do #1 and #2, no problem. But I can find nothing in the Square Help documents on Savings that indicates whether or not automatic savings would restart if the balance in the folder drops below the goal amount. In an ideal world, I’d hope that it would.
Can someone on the Banking Team tell me whether or not this is the case? If automatic savings would not restart, then should I submit a feature request, or is this something that is on the product roadmap?
Thank you! I’m a True Believer in the power of Square Savings.
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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