Square and Amaka

Cleggtribe

Had anyone had dealing with Amaka bringing square sales reports into MYOB. It appears to use clearing accounts but you still have to allocate the transaction to sales.

I currently download the square report and attach it to the deposit transaction. The only item that needs to be adjusted are the GST free sales. 

 

jackie

 

Princess_R

Hi Cleggtribe,

 

Yes, that’s a pretty common setup. The Amaka integration pulls your daily Square sales into MYOB as invoices and parks them in the undeposited funds/clearing account. The way you’ve been handling it (Square report + attach to deposit), totally nails the audit trail. I’ll pop a few Square how‑to links below you can browse:

• Connect your Square account to MYOB
• Square + MYOB bank feed reconciliation
• Reconciliation of Square Invoices
• Reconciling your bank accounts

Cheers,

Princess