Managing Your Daily Sales Summary In Quickbooks

When you are using a Point of Sale System that doesn't integrate directly with QuickBooks, you can utilize a Daily Sales Summary to record the day's sales figures into your QuickBooks. Dan and Carrie discuss and demonstrate how this will work in QuickBooks
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00:00 Introduction
00:50 Question from our member
01:26 What is a Z-out report?
03:47 Creating a Daily Sales Summary in QBO

[@thegardenexchange1300]

Square is causing issues on the daily summary report. It show CC,Cash, Gift Card TOTAL collected, including taxes and tips. I can't properly create a sales receipts. Any sugguestions?

[@schoolofbookkeeping]

What kind of issues is it causing for you?

[@thegardenexchange1300]

@@schoolofbookkeeping My sale report from square shows Cash, CC, Gift Card, & Other that was collected for the day. The Credit card column is the total collected including sales, taxes and tips, but does not break them down. Same with the cash column. There is 2 additional line items, (Tips & Taxes) but that just shows the total collected as well. Not sure how much was on the CC vs. Cash...… Therefore, it does not allow me to get an accurate number at the bottom of the sales receipt to match my actual sales.

[@schoolofbookkeeping]

I think I see what’s the issue. The sales receipt should actually be for $0. All the accounting is handled on the sales receipt.