• From: India
  • Registered: 04/08/2008
  • Posts: 7

Topic: Cash Sales

Hi Joe,

How do we enter cash sale into the system?

This sale would necessarily be a counter sale. Customer just walks in, buys the items by paying the cash.

Cash account would be affected and not the accounts receivable.

Regards,
Amol

  • joe
  • Administrator
  • Offline
  • Registered: 03/15/2007
  • Posts: 5,085

Re: Cash Sales

There are several ways of doing this. The most common one is to set up a cash customer with a cash branch. In the branch select a cash account as 'Account Receivable Account'. Set the 'Payment Terms' on the cash customer to 0 days.
This should do it. You will get all the statistics with this approach.

/Joe

  • From: India
  • Registered: 04/08/2008
  • Posts: 7

Re: Cash Sales

Thank you Joe!

  • Registered: 09/12/2013
  • Posts: 7

Re: Cash Sales

Hello. I also have this problem. I tried setting the "Account Receivable Account" to the cash account but the list filters out the cash account I want. The cash account is registered a cash account in Setup > Bank Accounts. What am I doing wrong? Please help. Thank you.

  • joe
  • Administrator
  • Offline
  • Registered: 03/15/2007
  • Posts: 5,085

Re: Cash Sales

Today you simply setup a cash account in the Pos setup, Setup tab.

This wasn't possible back in 2008.

Joe

6 Reply by bmontenegro (edited by bmontenegro 11/11/2013 06:34:59 pm)

  • Registered: 09/12/2013
  • Posts: 7

Re: Cash Sales

Ok, solved the problem. The problem was precisely that I had the cash account as a bank account so trying to set up the "Account Receivable Account" as a cash account wasn't available for me. Thanks anyways. smile

  • Registered: 09/12/2013
  • Posts: 7

Re: Cash Sales

joe wrote:

Today you simply setup a cash account in the Pos setup, Setup tab.

This wasn't possible back in 2008.

Joe

Thank you Joe, that is correct.

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,089

Re: Cash Sales

Wiki-ed it.

apmuthu's Website