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Intuit Partners With Square for Easy Accounting Integration New service can save business owners the time and hassle of manually feeding accounting data into QuickBooks.

By Jason Fell

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Some good news today for small-business owners who use Square as their point-of-sale service: Square has partnered with Intuit to simplify the accounting process with QuickBooks software. The integration will enable businesses to import their transactions from Square directly into QuickBooks.

Importing sales data from Square into QuickBooks can presumably save entrepreneurs the time of having to enter it manually. It also helps ensure the accuracy of the data being transferred since the process is automated.

In addition to offering a handy new service to business owners, this partnership is interesting since Intuit offers its own point-of-sale product called Go Payment -- essentially a Square rival.

Yesterday, Intuit announced a revision to its QuickBooks Online accounting tool, making it customizable according to a business's needs, making it work in conjunction with customer relationship management (CRM) apps for iOS and Android and providing for support third-party app integration.

The new service will become available starting on November 19, Square says.

Related: Intuit Updates QuickBooks Online Accounting Tool With Customizable Features Aimed at Small Businesses

Jason Fell

VP, Native Content

Jason Fell is the VP of Native Content, managing the Entrepreneur Partner Studio, which creates dynamic and compelling content for our partners. He previously served as Entrepreneur.com's managing editor and as the technology editor prior to that.

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