How do I find my fees on Square?
Decoding Your Square Fees: A Simple Guide
Square is a popular platform for businesses of all sizes, offering convenient payment processing. Understanding your Square fees is crucial for accurate financial record-keeping and effective business planning. While the platform is generally user-friendly, locating your fee information might require a little navigation. This guide will walk you through the simple process of finding your transaction fees within your Square account.
Accessing Your Square Fee Reports:
The key to accessing your Square fees lies within the robust reporting system available through your online dashboard. Here’s a step-by-step guide:
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Log in to your Square Dashboard: Access your Square account via your web browser at squareup.com. Ensure you’re logged in using your registered email address and password.
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Navigate to Reports: Once logged in, you’ll find a navigation menu (often on the left-hand side). Look for a section labelled “Reports” or something similar. Click on it.
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Select Your Date Range: Square’s reporting system allows you to filter your data by specific time periods. Select the date range for which you want to view your fees. You can choose a custom range (e.g., last week, this month, last quarter) or select pre-defined options. The accuracy of your fee calculation depends on selecting the correct period.
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Choose “Sales Summary”: Once your date range is selected, you’ll see a list of different report types. Select “Sales Summary”. This report provides a comprehensive overview of your sales activity, including the crucial information you need – your transaction fees.
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Locate the Fees Column: The “Sales Summary” report will display your sales data in a tabular format. Look for a column specifically labeled “Fees” (or a similarly named column denoting processing fees). This column will show the total fees Square charged for the transactions during your selected period.
Understanding Your Fee Breakdown:
While the “Fees” column provides a total, remember that Square’s fees are usually calculated per transaction. Factors influencing the fee amount include the payment type (card type, etc.), the processing method used (in-person, online, etc.), and any applicable Square subscription or add-on fees. For a more granular view of individual transaction fees, you may need to explore other report types within the Square dashboard, such as individual transaction reports.
If You Need Further Assistance:
If you’re still struggling to locate your fees or have questions regarding your billing, Square provides comprehensive customer support options. Check their help center for FAQs or contact their support team directly for personalized assistance. Understanding your fees is essential for maintaining sound financial practices, so don’t hesitate to seek clarification if needed.
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