Create simplified invoices to record your sales from a Point-of-Sale (POS) system.
If you sell through a POS system, your customers are paying you immediately. In this case, you’ll want to record sales as
simplified invoices and mark them as paid through your cash register.
First, let’s create the cash register account. Go to
Bank Transactions in the left side menu, then create a new bank account named
Cash Register with type
Once you sell an item at the point of sale, create a simplified invoice by going to
Simplified invoices in the left side menu.
DRAFT for your invoice and complete the required fields. Make sure to select the
Cash Register account from the
Paid through drop-down menu to record the sale in the POS account.
Once you’ve completed all required fields, change the status of your simplified invoice to
PAID to record the revenue and the payment at once. A journal icon in the right column will appear, indicating that this transaction has been posted to your books.
You’ll be able to generate your reports at the end of your defined period to track the revenue coming in from your POS account.