Retail sales

1

Hello, I have both invoices issued to wholesale customers or people with VAT and I have also the need to issue retail receipts via a POS machine.
I have some issues with the retail sales.

  1. First of all, how do I adjust the stock quantity in this case? Do I just “delete items from the stock”? And if so, which expense account should be used?
  2. Some retail clients pay by wire transfer. So I add the income money as bank transactions. I even add the items sold with this transaction. However I don’t think that this reduces my stock. Which brings me back to question #1
2

Many users with POS systems enter a single cash receipt at the end of the day summarizing all transactions from the POS system. Don’t delete things from stock. Enter the transaction exactly as though you had sold all the items to a single cash customer in the same transaction.

Why do you think this? If you enter a receipt and properly include inventory items, Manager will adjust inventory correctly. See this Guide: https://www.manager.io/guides/7820.

3

Thanks for the reply. I had -mistakenly- the impression that cash or bank transactions didn’t reduce the stock even if you included the inventory items. I also thought that issuing the invoice alone won’t reduce the stock either.

4

Read the Guides about how to manage inventory, beginning with this one: Manage inventory - Part 1 Introduction | Manager.