Square + Xero bank feed reconciliation

Overview

• How to reconcile Square payments in Xero with Amaka’s free and official Square + Xero integration
• Match the Square deposit to the synced payout transfer
• Reconcile transfers in the Square Balance account

Reconciling the bank feed

The Square transfer/deposit in your bank feed matches the transfer from the Square Balance account. To reconcile the Square transfer, click “OK” to confirm the matched transfer.

Reconciling the Square Balance account

Square Balance is an account created automatically by the integration and is used as a clearing account for Square transfers.

When you’ve reconciled the Square transfers in the bank feed, you can also reconcile these transactions in the Square Balance account. You can mark the bank transfers as reconciled to update the transaction status. The easiest way to do it is by enabling the Mark as Reconciled feature.

1. In the Accounting menu, select Bank accounts.

2. Click any bank account name.

3. Click the help icon and select Enable Mark as Reconciled. (If you see Disable Mark as Reconciled, you have already turned this feature on).

You can search all unreconciled transactions and mark the transactions you want to reconcile. Click More and then Mark as Reconciled.

Useful Xero links

• Manually mark a transaction as reconciled
• Enable mark as reconcilied
• Bulk reconciliation