I noticed there was a discrepancy between what my customer paid and what went into the bank (already included the usual 1.6% charge - but still a small discrepancy). It was explained to me that the govt. (Australian) makes Square take out GST. I do not pay GST (due to income cap) but this is mandatory.
IT WOULD BE FANTASTIC - UNDER REPORTS IN OUR SQUARE ACCOUNT TO BE ABLE TO HAVE A FINANCIAL YEAR SUMMARY (ANNUAL) TO SUMMARISE - INCOME, FEE (1.6%) PAID, GST PAID ETC. which I can hand to my accountant - rather than go into every transaction to dig it out.
