Deposit to different bank accounts based on item category

[BookkeeperEG]

Looking to set up two bank accounts with auto transfers depending on the item category. Locations will not work because employees will use one register and sometimes accept payment for multiple item types.

[rtfulk · Accepted solution]

@BookkeeperEGSquare currently allows only one primary bank account for automatic transfers. However, you can set up a workaround to manage multiple bank accounts and automate transfers.

Log in to your Square Dashboard.
Go to Account & Settings > Bank Accounts.
Add both bank accounts you want to use.

You can manually switch back and forth.

I have read that you can use Zapier and IFTF to setup calls to make deposits to different accounts, but I don't know if I would trust it.

Here it is. This is a copy and paste i have never tried it

Automate with Third-Party Tools:

Option 1: Zapier Integration

• Connect Square to Your Bank:
  • Create a Zap that triggers when a sale is made in a specific category.
  • Set up an action to move funds or trigger a transfer through your bank.

Option 2: IFTTT (If This Then That)

• Create an applet to monitor Square sales and automatically initiate bank transfers based on specific triggers.

[Summer2024]

Thank you @rtfulk for providing the best answer here.

Also, thank you for providing the 3rd party options. While I don't recommend this as someone who works for Square, it is an option. Use at your own risk/discretion 😁