I think this is why it is better to include the cost in the price of Items and then give the Discount to people who use cash. From everything I have read you can give discounts for any reason just about as long as it is to all customers, and you have signs posted pertaining to the ability of the Discount.

Reminds me of the story of the Guy in California, that marked up every item by $1000 as per price tag, but at the cash register there was a Discount of $1000 per item bought. This was to make a point that the laws there were against businesses being robbed, and that people were not being arrested for stealing unless the value of the items were over $1000. The courts did not like this business owners tactics since the Fair Market Value of a bag of chips was not $1001.00 but only $1.00, but I give that business owner an A+++ for creativity to keep thieves out of his store and stealing from him.


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I kept hearing from my neighbor all week, and it was getting to my head. I agree I should include it on my cost, or worst-case scenario, I can offer a cash discount. To be honest, dealing with cash is also painful as it is more prone to mistakes, etc.

I use Square report at end of month to tell me what sales I made for the month to pay my state sales tax. It has recently accured to me that I may not be doing this right. I use Quickbooks Self-employed accounting software and it's month report does not match up with Square's because it only accounts for income Square deposited into my bank account. So I may have made sales at end of January but Square doesn't deposit it until early feb. therefore Quickbooks will say that was February Income. Which is the proper way to account all this? If my accounting is on a cash basis and not accrual does that make Squares end of month report inaccurate? Please help I. So confused.

Hi is there an update to this? I need that option to have my transaction reports based on when payments are received (cash accounting method) and not on when the entire invoice has been paid in full. It's a pain to have to click on each invoice (paid in full) transaction just to see when all the payments were received. This makes it extremely difficult for those using the cash accounting method for bookkeeping.

To pay people or merchants, users can load their Cash accounts with a debit or credit card. To send money to someone who has Cash, you use a username handle, known as a $cashtag. However, you only need the cash app to receive money through Cash but not to send it.


CBS Detroit - Square is a company many of us know as a point of sale service system at many small businesses and retailers. Enabling businesses to do transactions even with their smartphones. Square's Cash App is a popular service for private people to send funds to each other, but scammers have found a way to get other's hard-earned cash.

Cash App is one of the nation's fastest-growing digital wallets with over 24 million users each month at the end of 2019. Even Cash app's own website advertises it as offering full-featured banking services. They allow customers to direct deposit paychecks, unemployment checks, and other benefit payments, make bill payments, payments to people and businesses, users can put money on a cash card to use as a debit card, and offers stock trading, and conversions to Bitcoin.

The Cash Card is a customizable Visa debit card that is linked to your Cash App account. It enables users to make purchases at millions of retail locations and withdraw cash from ATMs. With the Cash Card, you can access your funds instantly and conveniently manage your finances both online and offline.

Cash App also introduced Boosts, which are exclusive cashback rewards for using your Cash Card at select merchants. These Boosts can help you save money on everyday purchases, such as groceries, restaurants, and even popular streaming services.

I use an iPad in a Square stand, along with receipt printer and cash drawer - all purchased from Square in 2016. Suddenly my cash drawer has a big delay once we complete the sale and when drawer opens. It is a long pause before we can insert the cash/make change.

Your stating that you have the exact same setup. How is your cash drawer connected? USB to the Stand or To the Receipt Printer? I have a Square stand with a Networked receipt Printer, and Printer driven cash Drawer and have not seen any slow interaction between the two. Now I have had issues where my Scanner or other USB devices would randomly disconnect from my Square Stand and then come back. Right now for some unknown reason I am having this recently with my Tap Reader that is plugged in with the hub. I keep seeing the yellow banner no Card reader.... then I will see another yellow banner saying Cardreader connecting. This all started within the last week or so for me. I am thinking it is some update Square rolled out and has had adverse effects.

This problem seems to be common and still not fixed by Square. I would like to know when Square plans to send an update to fix this issue. There is NO way that a cash transaction should take longer than a credit card transaction. We are a school store and the students need to be in and out in time to make it to the next class and this issue has cut our sales by a 3rd because we cannot get the same amount of people through the line because of this slowness issue.

On March 2, 2021, Square reached an agreement to acquire majority ownership in Tidal. Square paid $297 million in cash and stock for Tidal, with Jay-Z joining the company's board of directors. Jay-Z, as well as other artists who currently own stock in Tidal, will remain stakeholders.[34][35][36]

Launched in October 2013, Cash App (formerly Square Cash) allows person-to-person money transfer via the app or website.[18][19] In March 2015, the firm introduced Square Cash for businesses, which includes the ability for individuals, organizations, and business owners to use a unique username, known as a $cashtag, to send and receive money.[46] As of 2023, Cash App also offers a savings account and a debit card, and services such as direct deposit and investing in stocks and Bitcoin.[20][21] In March 2023, USA Today reported that Cash App offered a free tax-filing service while cautioning that it didn't accommodate "every tax situation" and didn't offer "live tax support".[22] In October 2023, it was reported that Cash App also allowed users to borrow up to $200 from the app, and that "not everyone is an eligible user for this feature".[23]

Weebly is a web hosting service. Weebly was founded in 2006 by David Rusenko, Dan Veltri, and Chris Fanini after they all met as students at Pennsylvania State University.[52] In 2007, Weebly raised $650,000 in initial capital from a group of angel investors. In 2018, Square Inc. (Now Block Inc.) bought Weebly in exchange for $365 million in cash and stock.[53] The company slowly grew and updated its capabilities over the course of a decade and now Weebly is a free online website creator that operates out of the web browser. The site offers users access to drag and drop features to build their websites, with unlimited storage options and custom URLs.

In February 2020, Square announced that it had acquired Dessa, a Toronto-based deep learning company.[75] In November 2020, Square announced it was acquiring Credit Karma Tax, a free do-it-yourself tax-filing service, from Credit Karma for $50 million and would make it a part of its Cash App unit.[76] In March 2021, Square announced it was acquiring a significant majority in music streaming platform Tidal for $293 million in a deal of stock and cash.[77] In the same month, Square's Q1 sales surged 266% as transactions jumped amid economic recovery.[78] In August 2021, Square announced its acquisition of Afterpay, a company offering a "buy now, pay later" service. Square finalized the $29 billion stock deal on January 31, 2022.[79][43]

This new service, called Square Cash, comes from Square Inc., best known for equipping small brick-and-mortar merchants with smartphone-swiping devices that allow them to accept credit cards, and with tablets that act as sophisticated cash registers.

I tested Square Cash, sending and receiving money in amounts ranging from $10 to over $1,000, with eight people, and it worked rapidly and flawlessly. I can recommend it for anyone who needs to pay a small debt, give a cash gift, split a bill, or send cash quickly and easily.

The original Square Cash comes with a useful cash card that links with your Square account so that you can spend funds directly, without transfers or fees. Unfortunately, that benefit is only offered to Square Cash personal users. If you use Square Cash for Business, the only way to spend your money is to transfer it to your bank account, or pay a 3% fee to transfer it to a credit card.

As well as helping you to request payment, cashtags are also awesome for branding purposes. Your cashtag could be the name of your business, like $Nails4u, or highlight what you excel at, like $bestplumbers.

Cash Boosts are special offers from linked merchants in your neighborhood or online. Every day, you can choose one Cash Boost among those displayed on your Square Cash app, and enjoy discounts on your dinner, special prices on pharmaceuticals, or direct cash back. Nice.

While Square's API is regarded as respected, the allegations of scams on Cash App's platform are alarming. Britt Soderberg, a California business owner, said he was scammed out of approximately $21,000 on Cash App. Soderberg said starting in August, hackers repeatedly generated false refunds in the app, from his bank account to his authentic contacts. Once his authentic contacts returned the money to his Cash App account, hackers seized the cash to purchase bitcoin, then transferred it to an unknown bitcoin wallet, Soderberg said.

If you are using the Square Register Kit and connecting the cash drawer to the USB port, buy VB554A-BL1616 or our all-white option VB554A-AW1616. PLEASE NOTE: If you are purchasing a receipt printer with a USB interface to connect to the Square stand, the VB320-BL1616 will not work. 2351a5e196

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