The till takes stock and puts it back
What moves
A paid sale takes its stocked lines off the shelf at cost, and a refund puts them back at the cost they left with.
Before you start
- Inventory and Point of Sale both in your plan
- Sold products linked to stock items
- An internal location holding the goods
- Accounting in your plan if the cost of sales should be booked
- Point of Sale and Inventory in your plan
- The product is linked to a stock item
- An internal stock location exists
Step by step
- CashierPoint of Sale
Takes payment for a sale.
You see:The sale is paid.
Takes each stocked line from the shop's stock location, or the location holding the most of it.
You see:A shipment movement is posted at the item's cost. The till does not check stock, so on hand can go below zero.
- SystemAccounting & E-Invoicing
Books cost of goods sold and credits stock from that movement.
You see:Margin reports see the real cost of the sale.
- CashierPoint of Sale
Refunds the sale.
You see:The refunded lines are announced.
Puts back exactly what the sale took out, at the cost it left with.
You see:On hand rises again and FIFO gets its layer back.
Related
- Inventory, Purchasing & Warehousing
- Point of Sale
- Ask the assistant instead of clicking
- Awards become purchase orders and receipts rate the supplier
- Low stock reaches the right people
- A confirmed order short of stock raises a purchase order
- A count above the tolerance waits for a second person
- Connections between modules