Square + Xero Setup Guide

Pamela Calilung
Customer success manager Request support
Square + Xero integration is 100% free of charge!

Overview

Connect Square and Xero to start syncing your daily sales transactions and add Square as a payment service to your Xero account. The integration offers two sync options:
  • Sales and transfer sync
    • On a daily basis, the integration will sync a summary of your previous day’s sales data from Square into Xero generating an invoice.
    • You can customise your preferred sales summary view choosing from a wide array of formats.
    • Capture all payment transactions, including gift cards, tips, tax and payment fees.
    • Easily reconcile Square sales and payments in Xero.
  • Payment service
    • Add Square as a Xero payment service and enable your Xero invoices to be paid via Square.

Before you start

  • Sign up for a Square account and a Xero account (if you haven’t already).
  • The Square + Xero integration is available in Australia, United Kingdom, Ireland, Canada and United States.

How to setup the integration

  1. Go to the integration setup page to get started.
  2. Sign in to your Square account and click Allow to grant all relevant permissions.
  3. Authenticate your Xero account by clicking the Connect new account button.
  4. Choose the Xero organisation you want to connect, then click Allow access.
  5. Click Save + Continue to accept Amaka’s terms and conditions.
  6. Follow the wizard to choose your preferred setup method, invoice breakdown, invoice format, mapping and scheduler options to complete the setup of the integration.
  7. Click Save + Continue to finish and activate the integration.
After completing the setup, the new integration will be listed on the app dashboard where you can edit it or start a new one.
Express setup
Every day, an invoice with your daily sales summary will be created into Xero.

The integration will automatically map sales and payments from Square into Xero by creating the following default accounts:

Order components mapping
Order components Preset mappings Supported account types for mapping
Sales Square Sales Revenue/Sales
Discounts Square Discounts Revenue/Sales
Shipping/Delivery Fee Revenue Square Shipping/Delivery Fee Revenue Revenue/Sales
Shipping/Delivery Fee Revenue Discounts Square Discounts Revenue/Sales
Service Charges Square Service Charges Revenue/Sales
Surcharges Square Surcharges Revenue/Sales
Tips Square Tips Current Liability/Liability
Square Gift Cards Square Gift Cards Current Liability/Liability
Adjustments Square Sales Revenue/Sales
Payout components mapping
Payout components Preset mappings Supported account types for mapping
Square Fees Square Fees Expense/Direct Cost
Third Party Fees Square Third Party Fees Expense/Direct Cost
Square Balance Adjustments Square Square Balance Adjustments Expense/Direct Cost/Current Asset
Chargebacks Square Chargebacks Expense/Direct Cost/Revenue/Sales
Square Held Funds Square Held Funds Current Asset
Square Loan Payments Square Loan Payments Current Liability/Liability
Square Credit Card Square Credit Card Bank
Square Automatic Bitcoin Conversion Square Investing Current Asset
Square Redemption Code Income Square Redemption Code Income Revenue/Sales
Payment types mapping
Payment types Preset mappings Supported account types for mapping
Card payments Square Balance Mapping is disabled*
Wallet Square Balance Mapping is disabled*
AfterPay Square Balance Mapping is disabled*
ACH Payments Square Balance Mapping is disabled*
Cash Square Cash Clearing Current Asset
Square Gift Card Square Gift Card Current Liability/Liability
Exchange Credit Square Exchange Credit Current Liability/Liability
Third Party Cards Square Other Payment Clearing Current Asset
Other Square Other Payment Clearing Current Asset
Advanced setup
The advanced setup will allow you to choose your own custom mapping in relation to sales and payments in Square.
Recommended for professional bookkeepers and accountants.
Guided setup
Schedule a call with one of our integration experts that will guide you through the setup. Schedule a call now

Setup mapping tips

Payments
PropertyDescription
CashIt is recommended to use a Clearing Account with an account type Current Asset.
Square Gift CardIt is recommended to use a Clearing Account with an account type Current Liability. This should match the account previously selected for gift card sales.
All other payment typesIt is recommended to use a Clearing Account with an account type Current Asset.
Settlements
PropertyDescription
Square settlementsDeposits will be synced as Bank Transfers from Square Settlement to the mapped bank account. Select the bank account where Square deposits the payments.

FAQ

Yes, the Square + Xero integration is available for free to Square and Xero users. Note, the integration does not support Xero Cashbook.
Yes, Square + Xero integration is currently available for Xero customers in Australia, United Kingdom, Ireland, Canada and United States.
The integration has been built in partnership with Square and Xero and it is 100% free of charge.
Of course! If you would like to request a walkthrough or discuss the capabilities of the integration in more detail, you may schedule a support session with one of our integration experts.
Unfortunately at the moment, this feature is not supported, but it is something we are considering for a future release. As an alternative solution, you can manually add a line in the invoice to charge a credit card surcharge.
Go to the Business Tab in Xero and select Bills to Pay. Square Fees sync when Square deposits the payments to your bank account. Bills related to Square Fees have a reference format [Location Name] Square Fees [Date].
Sure, you can select the date that you wish the data to be synced from through the integration scheduler.
Square Balance bank account is a clearing account for the Credit Card takings processed through Square. Be aware that when the Square Balance is deleted or edited from the chart of accounts, the daily sync may fail.
In case you have revoked the access or changed credentials of an account used for an integration, you can easily reconnect it by expanding the options menu and cliking the Reconnect (or Edit) button in the Connected accounts page.
At any time, you can access your Amaka dashboard and disable an integration by either turning it OFF or deleting it entirely. You can follow the instructions here.

Troubleshooting

Browse our troubleshooting page, in case your integration is not working as expected.

What’s next?

Need any help?
Need help? Visit our Help desk or Schedule a support session.