Intuit and Square announced an integration with QuickBooks last week that will allow small businesses to import transactions from Square into the QuickBooks software to help streamline operations and ensure accurate reporting.
QuickBook, which is available in 100 countries, helps small businesses and accountants access business data anytime, anywhere. The offering will become available in November.
“By rebuilding QuickBooks as an open platform, small businesses can choose to use services we provide as well as the solutions they already use and love, like Square,” Dan Wernikoff, the senior vice president and general manager of Intuit Small Business Financial Solutions, said.
Existing customers can activate the integration, while new customers can sign up for both Square Register and QuickBooks. Intuit will continue to offer its payment solutions.
“Square is focused on helping businesses grow,” Francoise Brougher, the business lead at Square, said. “Our customers tell us often how important it is to have accurate and in-depth information about their business. Integrating with QuickBooks gives sellers another powerful tool to help them run their business more efficiently.”
The California-based Square was founded in 2009 and originally offered a free credit card reader for Android and iOS devices. The company now offers a range of hardware and software, including Square Register, Square Market, Square Wallet and Square Stand.