Square is basically a cloud-based point-of-sale (POS) accounting software that offers reliable and smooth POS-related services to its clients.
Importing data from Square to QuickBooks Desktop is a very simple task, all you need to do is to follow the given below steps.Steps for importing Square into QuickBooks DesktopThere are two common steps that you may use to import your Square data to QuickBooks Desktop.Download the Data from Square POSImporting the Sales Data into QuickBooks DesktopDownloading of Data from your Square POSFetching and downloading the needful Data from Square POS is a very simplistic process.
For this, go through the given steps below sequentially.Initially, you need to open the Square account on your computer.Thereafter, navigate to the left menu tab and then choose the Sales option.Then from listed options, tap on the transactions tab.After that, you need to click on transactions that you want to export.Once you have selected the required transactions, then hit the Export option.At last, you need to select Transactions CSV.Now all your selected transactions are downloaded in CSV format.Importing the Sales Data into QuickBooks DesktopIn this step, we will learn how to import the downloaded data into QuickBooks Desktop step by step.Firstly, you need to log in to your QuickBooks account on the computer.Then go to the file option> and then navigate to the Import option.After that, you need to tap on the transactions option.Now select the Sales receipts.Thereafter navigate to the Import sales receipt screen and then go to the Square icon.
Now from the listed options, you need to click on the tap on the Import.Once you are done with the above-mentioned steps, now you need to select the data that you exported in the previous steps.Afterward, choose the bank account which is associated with your Square account.
Note: For connecting the bank account you’re using in Square to theQuickBooks then you need to open your QuickBooks account and then go to the Banking menu tab.
Then from available options, click on the Add Account.Now you follow the on-screen instructions to process Square sales payments.Then appropriately choose the tax rate of the transactions.