Sales Retail is used to report the cash flow of a retail branch at the end of the day.
Sales Retail List
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Go to Navigation Panel > Sales > Sales Retail.
If the user's branch is Head Office, sales retail of all branches can be viewed.
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To populate the Sales Retail table, click Filter.
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Select a Branch.
*Branch must have a Cash Register account.
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Select a Cash Register Account (CR Account).
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Click Apply.
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Table will be populated based on the selected CR Account.
If not, only the sales retail of the user's branch can be viewed.
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Click Filter and select a CR Account.
Adding End-of-day Report
End-of-day Report is a report of your total sales and current balance at the end of the day and to determine if there's a shortage or overage in the cash register.
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Click Add End-of-day Report
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A pop-up form will appear.
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Select a CR Account.
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The current date will be initially displayed for the Transaction Date.
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Input all available amount details.
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If there's a Total Deposits, select the Bank Account to where the cash was deposited.
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If a Petty Cash was replenished, select the Petty Cash Account used.
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Click
to add an attachment image or a proof of your deposit (or replenishment for petty cash).
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Cash Short will be displayed if there's a shortage in the cash register and Cash Over if there's an overage.
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Click Save.
Note:
You cannot create an End-of-day Report if there's already an existing transaction with the same transaction date.
You cannot also create a report if the last transaction has not yet been approved.
Approving Sales Retail Transaction
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Click the cog button and click Approval Level 1.
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A confirmation modal will appear, click OK.
Note:
Go to Company Setup > Default Settings, head to the System Preference tab to enable/disable the approval for Sales Retail.
You may also set here the number of approvals for the receive item to be approved.
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To reject a sales retail transaction, click the cog button of the sales retail transaction row and click Reject.
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A confirmation modal will appear, click OK.
Other Action
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Click the cog button of the sales retail transaction row and click Cancel.
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A confirmation modal will appear, click OK.