Hi Sellers! 👋
I'm happy to highlight a number of improvements we recently made to the Transactions report, which is one of the most widely used reports we offer! We know it's really important for y'all to easily understand how much fees you’re paying, what your take-home amount will be for any given transaction, as well as how to reconcile your sales if you've received free processing from a referral or survey you were part of. With this in mind, we've introduced some new fields that should make these things a breeze for y'all!
I'll start with a quick before & after, and then go into the details about the enhancements:
Before:
After:
Here's a comprehensive list of changes [so you don't have to try and find Waldo 😀]:
- “Total Fees” added to the report header so you can easily get a snapshot that matches your filters.
- “Net Collected” added to the report header so you can easily see how much your take home is minus our fees (does not include cash/other tender transactions).
- New “Fees” and “Net collected” columns in the report table so you can see these same details at the transaction level easily.
- We updated the language in the tooltips to more easily understand our reporting terminology. Please let me know if something doesn't make sense!
- New icons and tooltip details to indicate when and how much free processing was applied to a transactions (see the bill icon in the screenshot).
- New "Free Processing" drop down filter so you can see only transactions that had free processing applied to them.
- We also added a column for free processing applied in the “Transactions CSV” if you export things regularly
We also made a small tweak to the Get Free Processing page in Dashboard so you can quickly see past rewards from the last two years.
We hope these changes make your lives a little easier! Please share any thoughts or other improvements you'd like to see!
Also, if you want to test out our changes specifically related to free processing, you can always refer someone to Square and if they sign up and take a payment -- you both get $1000 in free processing! 🙌