![]() ![]() Note that the Square Processor Charge Account and Xero Contact for Square Processor Charge fields do not appear unless you have integrated your Simpro Premium build with Xero and activated the Square payments integration. Learn more in How to Set Up Financial Defaults. You dont commit to ongoing usage theres just a 2.5 transaction fee for all invoice payments. It can be easily managed via the Square Dashboard on your phone or computer. Enter codes for other Accounts, as required. A huge benefit of Square is the transparency around prices. Square Invoicing is free and is part of the free package.Once it has been created, ensure to export it to Xero. If you do not have an appropriate Supplier setup you can create one from People > Suppliers > Create Supplier.All transactions in Xero require either a customer for income, or a supplier for expenses. Square Processor Charges must be associated with a supplier when they are sent to Xero.In the Xero Contact for Square Processor Charge field search for and select an existing supplier from Simpro Premium that your Square finance charges will be associated with. 0-20/month Business size Small to mid-sized businesses Get a free card swiper from Square at no cost when you create a free account.In the Square Processor Charge Account field enter the code for the account that Square finance charges will be posted against.Go to System > Setup > Defaults > Financial. ![]() To set up your financial defaults for Square and Xero: To ensure that your Square processing fees are sent to Xero correctly you must map the relevant Xero account in the financial defaults in Simpro Premium. If you are using Xero as your accounting package, you can export Square processing fees to Xero as separate transactions so that they are reconciled automatically. When to Use PayPal Limited-time Offer for Fit Small Business Readers Now through June 30, 2023, receive 20 off your first Square Terminal with the code FSBSquare. ![]()
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