Auto-Transfer Daily COGS to Square Savings (Feature Request)

[rmcfly]

@kristen 

Please add a feature in Square that automatically moves the COGS amount from each sale into a dedicated Square Savings folder in real time.

This would:

• Help small business owners who do their own books

• Make sure our inventory replenishment money always matches daily COGS

• Reduce manual tracking and mistakes

[TheRealChipA]

Upvoting this.  For whichever moderator sees it, this is similar to other feature requests I submitted when savings folders were introduced.  It would be great to have a number of "pre-set" folders that would work like this suggestion.

[OBalsam]

I would like if the savings folders could be transfered to different bank accounts then the main one used for daily transfers. Right now, I have to manually stop automatic transfers, then change the bank account, make the transfer, wait a day until the transfer is done AND THEN reset to my main bank account and resume automatic transfers... 

Also. if I have a savings account for 'Credit card payments', I'd like it linked directly to my credit card account. Right now the link to a credit card is only available when using the instant transfer option which has a 1.5% fee.

[TheRealChipA]

@OBalsam As worthy as both of these ideas are, you should not be hijacking other people's feature requests with something that is exactly not on topic.  If you have another idea PLEASE start your own feature request.  You should delete your reply above and then create two new feature requests for the ideas you have.  You'll stand a much better chance of them getting the attention they deserve.  Thank you.