SOURCE: Square

Square

March 31, 2014 09:00 ET

Small Businesses Get Time Back With Square's Accounting Integrations

Square's Partner Platform Expands to Include Both QuickBooks and Xero

SAN FRANCISCO, CA--(Marketwired - Mar 31, 2014) - Today Square launched its software partner platform, collaborating with third parties to build new applications that complement Square's suite of business services. The launch extends Works with Square, a program launched earlier this year to connect customers with more tools for their businesses.

Square is committed to building powerful solutions that are affordable and accessible to all businesses. After launching an integration with QuickBooks in November, today Square expands their platform with a new integration with Xero. Both integrations are simplifying operations for small businesses in the U.S. With data flowing automatically from point of sale to back-office accounting software, sellers save time spent manually inputting sales.

The new Xero integration is Square's second available in the U.S. Since November, thousands of sellers have been saving time and improving accuracy with Square's integration with QuickBooks, seamlessly importing their Square sales data into QuickBooks each day. "The Square/QuickBooks integration couldn't have come at a better time for our growing business. It has been nothing short of a miracle and has given us so much time back," says Jess Hughes of Tad Hughes Custom Fit Studio in Houston.

Starting today, sellers can link their Square and Xero accounts in minutes and pull past Square sales data into Xero. Once connected, each day's transactions automatically import, summarize, and populate the appropriate account within Xero's general ledger, providing an accrual accounting view of cash flow. A once tedious process now made simple.

"I used to spend my Sunday afternoons manually dragging, dropping and categorizing my weekly Square transactions into Xero," says Andy Ciordia of The Secret Chocolatier. "This integration gives me my weekends back -- I have more time for my family and my business."

Sellers of all sizes are increasingly adopting Square's business tools for their affordability and ease of use. From the full point of sale app Square Register, to the included sales reports and business analytics, to the Square Market eCommerce platform, Square's products focus on making it easier for sellers to run and grow their businesses.

Last week Square Japan also integrated Japanese accounting software freee, enabling sellers to connect their accounts and streamline their sales and accounting.

About Square, Inc.
Square makes commerce easy for everyone. From accepting credit cards, to managing a full point of sale, and selling online, Square offers simple and affordable tools for businesses starting and growing. Square Reader, the free credit card reader for the iPhone, iPad, and Android devices, allows businesses to accept credit cards anywhere, anytime, for one low, transparent rate. Square's suite of business tools include Square Register, an analytics dashboard, Square Market, Square Wallet, and Square Stand. Square also created the easiest way to send and receive money with Square Cash. Founded in 2009, and headquartered in San Francisco, Square is currently available in the United States, Canada, and Japan.

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