Xero’s New Square Integration Will Simplify Sales Reconciliation

September 29, 2021

Xero, the New Zealand-based accounting platform, announced last week that its app partner, Amaka, has built an updated integration for Square Payments

This integration will allow customers to reconcile sales through Square directly in Xero, capture point of sale (POS) transactions, and even accept Square payments through Xero invoices (in Australia, the UK, Ireland, US, and Canada). 

Rise in traffic to G2's Payment Processing category

Since the beginning of the pandemic, traffic to G2’s Payment Processing category has increased by 247%, in large part due to the uptick in online shopping as a result of the COVID-19 pandemic.

chart representing traffic to G2's Payment Processing category

Consumers want a fast, secure, and reliable payment option, while retailers need to keep up with all transactions and have an easy and accessible source to manage those transactions. Accountants appreciate integrations into their existing platforms as well, as expressed through a review left by Xero user John P.:

“We used Square before Xero integrated and now I couldn't imagine life without it.”

Accounting Software ➜

Xero and Square continue their partnership

The original Square integration for Xero was introduced in 2014, and much like their new integration, allowed Square customers to link their Square and Xero accounts to pull past sales data and daily transaction data into Xero's GL. 

This newest integration has finetuned the original functionality while including the additional features mentioned above. This partnership between the two platforms is mutually beneficial because it allows Xero to continue to build out and expand its international presence while giving Square the opportunity to reach more merchants and offer seamless integrations to grow their footprint. 

The current Square integration will be fully phased out by November 30, 2021, and it is advised that all current users switch to the new integration before this date.

Retail POS Systems ➜

Xero’s New Square Integration Will Simplify Sales Reconciliation Xero recently announced the release of an updated Square integration to help customers better reconcile and capture Square sales. https://learn.g2.com/hubfs/accounting.jpg
Nathan Calabrese Nathan is a Senior Research Analyst at G2 focusing on finance and accounting software and their respective markets. Coming from the world of finance, Nathan understands and is familiar with the importance of finance/accounting software, and the complexities, struggles, and nuances that come with them. He has over 15 years of analytical experience in industries ranging from health care and transportation logistics to food service and software. Nathan received his MBA in finance and international business administration from the University of Illinois, Chicago, and his B.S. in production and operations management from California State University, Chico. https://learn.g2.com/hubfs/nathan-calabreseupdated.jpeg