My business is in Ontario, Canada. It offers a small number of retail items as well as a number of small services.
One of the services is sold singly at the time the service is done, and also as a prepaid package of 5 with a discounted price. The single price is $7, and the 5-pak is sold for $30. (Those prices both include the HST)
Customers pay either cash or with an Interac debit card. All sales are recorded in a cash register, and I get an itemized sales report at the end of each day. My plan, by the way, is to transfer the itemized sales record from the cash register to a Sales Invoice daily so I can keep track of inventory etc.
Customers for the prepaid service are tracked using a punch card system. I plan to continue this practice so do not need Manager to track individual customer balances.
From the Guides and Forum posts I’ve gathered that the sales of the prepaid services need to be broken out of the daily sales record/invoice and placed into a liability account.How?
And in future when a customer uses one of the prepaid services, that liability account needs to be debited (have I got that right?). again, how?
Can anyone help me with the design of this workflow? Existing discussions are confusing. Keep in mind please that I am new to Manager and descriptions of what to do need to be pretty detailed and explicit so I can find my way around accurately.