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Canada : SQUARE customers in CANADA get access to three new accounting services

August 16, 2014

Square Inc.'s latest consolidations will now provide the company's customers in Canada with access to three new accounting services.

Square has announced consolidations with Intuit's QuickBooks Online, Xero, and Stitch Labs.

Businesses in Canada using Square Register to receive payments can also import and sync their sales and inventory data with these three other applications.

Square Register already enables businesses to accept credit card payments from Visa, MasterCard, and American Express, as well as to track all incoming payments through credit, debit, cheques, and cash.

It also makes the lives of business owners easier by depositing payments into their bank accounts within one or two business days.

But still, the accounting side is what's missing from that point-of-sales (POS) solution.

The integration with QuickBooks Online, Xero, and Stitch Labs will help Square save itself from the step to develop another accounting-related product.

As it enables them to sync their data into accounting and inventory management software by clicking, it also simplifies matters for small enterprises.

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Source: TendersInfo (India)

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