POS Payments Details
This module manages POS payment methods with linked accounts for accurate sales tracking.
Configure and manage POS payment methods with linked financial accounts to ensure accurate sales recording, receivable tracking, and streamlined transaction processing.
1. Payment Configuration Insights
- Each payment method must be mapped to a valid cash or bank account to ensure proper cash flow tracking.
- The receivable account ensures that customer dues are recorded accurately.
- Payment types like “Cash” and “Bank” help categorize transactions for reporting and reconciliation.
- Consistent naming (e.g., “Card,” “Online Transfer”) improves clarity across POS terminals.
2. POS Operational Guidance
- Use this module to define and manage accepted payment methods at the point of sale.
- Ideal for finance teams, cashiers, and POS administrators.
- Supports audit preparation, cash flow analysis, and customer payment tracking.
- Ensure all payment methods are aligned with your chart of accounts and POS hardware setup.