POS Opening Entry
At the start of a cashier's shift, the POS Opening Entry records the initial balance of cash and other payment methods. Accountability and accurate balance reconciliation at shift closure are facilitated by this. Before starting any POS transactions, it is necessary.
1. How to Access
Go to:
2. POS Opening Entry
The cashier initiating the POS session is the User.
POS Profile: Indicates the price list, warehouse, and payment preferences.
Company: The business that is posting the transaction.
Table of Payment Methods: * Payment Methods: Cash, Bank, UPI, Card, etc.
Opening Amount: The starting float amount, such as £1,000.
3. Steps to Create Opening Entry
Select POS Opening Entry → New.
Select the User.
Select the POS Profile.
Enter the Opening Amounts for each payment method.
- £1,000 in cash
- Save the entry.
To activate the POS session, post the entry.
4. Example
Cashier 1 starts with £1,000.
The POS Opening Entry has been prepared and posted.
Customers can now be charged by the cashier using the POS.
Note: Every cashier needs to make their own opening entry for the POS. Incorrect opening balances are typically the cause of reconciliation problems, and separate entries should be made for multiple shifts on the same day.