Every Square day, matched.
Card sales, tips and refunds from every location, matched to the deposit that closed the day.
What comes in from Square
- Payments
Each tap, dip or swipe, with its location, device, tip and processing fee.
- Refunds and adjustments
Refunds taken from later deposits, and any chargeback or hold Square applies.
- Transfers
One deposit per business day by default, or an instant transfer that carries its own fee.
Why it won’t match on its own
The day ends when you say
Deposits cover sales up to your close-of-day time, not midnight, so a late sale falls into tomorrow.
Instant transfers cost extra
Move money early and Square keeps a percentage, so that deposit falls short of the sales it covers.
Cash never reaches a deposit
Cash and other tenders show in sales reports but never in a transfer, so they have to be kept apart.
One rule, in plain words
Match Square transfers to Chase deposits by amount on the next business day.
transfer = deposit, next business day288 matched
Another rule gathers each day’s card payments under its transfer, with the fees as the difference. A day that comes up short stays open, with its gap.
What Numerics works out
Every payment carries its location, so Numerics splits the fees the way you run the business.
You go run your business.
Bring a month of Square records to the call. You’ll see them matched before it ends.