I have been using the quickbooks square app for the last two years which has been working perfectly up until June 2021.
In June, I started noticing that most of my Square deposit transactions stop matching with what was being deposited into my bank account. Therefore, I was no longer getting that green "match" button.
What I discovered was there is a couple of cents difference between my transaction and bank account statement which is causing my transactions not to match up.
For example, Square deposits $500.25 into my bank account (which is the correct amount) but Quickbooks says that my deposit that day was only $500.23, hence why it no longer finds a match.
I have called both Quickbooks and Square. No one was able to offer any help as they have not seen this before. My accountant thinks it's a Square rounding issue.
Has anyone else had this issue. Is there a fix?