Square Deposits: What Bookkeep Does Not Post
Overview
When using Square with Bookkeep, it’s important to understand that not all financial activity is accessible through Square’s API. As a result, there are certain transactions that Bookkeep cannot see or post.
This article focuses on those limitations. For a full breakdown of what is posted by Bookkeep, please refer to the documentation linked below.
Limited Visibility into Square Financial Accounts
While Square has expanded access to some financial data, there are still limitations on what can be retrieved by external providers like Bookkeep.
Square Checking Accounts
Bookkeep now supports visibility into Square checking account activity. To learn more about how this data is handled, please visit:
👉 https://www.bookkeep.com/docs/apps/square/how-bookkeep-handles-square-checking-account-data
Square Savings Accounts
Square does not currently provide API access to Square savings account activity.
This means:
-
Transfers into or out of Square savings accounts
-
Any internal savings account activity
👉 These transactions are not visible to Bookkeep and will not be automatically recorded.
Square Debit Card Activity
Square also does not provide API access to transactions made using:
- Square debit cards
This means any spending activity tied to a Square debit card is not visible to Bookkeep and will not be automatically recorded.
What This Means for Your Accounting
If funds are:
-
Moved into or out of a Square savings account
-
Spent using a Square debit card
-
Transacted in ways not exposed via Square’s API
👉 These transactions will not be visible to Bookkeep and therefore will not be automatically recorded in your accounting system.
What Bookkeep Does Post
Bookkeep focuses on posting sales, fees, payouts, and other available transactional data directly from Square.
To see a detailed breakdown of what is included in your accounting entries, please visit:
👉 https://www.bookkeep.com/docs/apps/square/square-accounting-automation-by-bookkeep
Need Help?
If you have questions about how this impacts your reconciliation or accounting workflow, feel free to reach out to support@bookkeep.com and our team will be happy to help.
Summary
-
Bookkeep posts all available Square transaction data provided via API
-
Square checking account activity is supported
-
Square savings account and debit card activity are not accessible and must be handled separately