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Squarespace Journal Entry Template

Automated Journal Entry Postings​

Bookkeep enables you to integrate your Squarespace account to automate journal entry postings.

Sales Summary Journal Entry​

The Sales Summary Journal Entry posts your sales from the prior day to your accounting platform daily. This entry captures everything from gross sales to net sales, including refunds, sales tax, gift cards sold and redeemed, and payment tenders (Stripe, PayPal, or Other). Below is an example mapping. `` Example of sales summary mapping in Bookkeep

note

For Canadian customers we have the ability to map to specific QuickBooks Online tax rates for Sales Tax reporting purposes.

Example of Canadian sales tax mapping in Bookkeep

tip

If you use Stripe and/or PayPal as your payment processors for Squarespace sales, we recommend using Bookkeep's Stripe and/or PayPal integrations, depending on your needs. These integrations will automatically record your payment processing fees, bank transfers to and from these processors, loan payments, and more daily. Otherwise, you will need to manually record any fees and additional activity from your payment processors as often as desired.

If you have any questions regarding our Squarespace Journal Entry templates or need guidance on your specific setup (especially if using Stripe and PayPal), feel free to contact [email protected].