Zoho Books has unveiled an integration between its online accounting software and Square, which aims to reduce the time business owners spend on re-entering and reconciling their sales transactions in Zoho Books.
Square is a point-of-sale service that enables businesses to accept credit cards and help them grow their sales. With the addition of Zoho Books, Square sellers are able to easily record their business transactions accurately into their accounting system. In fact, the integration automatically fetches daily sales transactions from Square and reconciles them immediately.
“Square has simplified the way small businesses sell their products,” said Raj Sabhlok, president of Zoho Corp. “By integrating with Square, we’ve made it possible for business owners to pull their sales and other transactions seamlessly into Zoho Books, giving them a complete and accurate picture of their business to make informed business decisions.”
It is also important to note that all Square sales, tips, refunds and discounts are tracked under appropriate accounts, plus business owners have the ability to track cash and credit card transactions separately in Zoho Books. Moreover, taxes are automatically fetched based on a seller’s Square sales. The integration is currently available to all sellers for free.