I received an email from Square giving me a summary for sales on 06/11/22. here are the stats:
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So, the amount deposited into my bank account should be the total collected minus the Fees, which is $39,081.39. However, the total that my bank shows deposited for the 06/11/22 sales is $35,601.39.
Please help me understand this discrepancy of $3,480.00.
@mdAIAC Since we don’t have access to sensitive financial data here, that’s a tough one to answer. Have you tried calling Square Support — (855) 700-6000? A couple of things I can think of that may or may not apply to your situation.
Do you have Square automatic savings set up?
Do you have a Square Loan?
Do you know if there are any disputes on your account currently?
You don’t have to answer any of these questions here, since this is a public board. I’m just throwing spaghetti at the wall to see if anything sticks! I’m sure I missed a few possibilities.
Best of luck,
Square Community
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