User guide

20
Using Accounts inventory with POS
POS integrates with Accounts to give you a perpetual inventory system.
Accounts inventory
Inventory is only available in Accounts Accounting and above.
When you  rst come to use POS you should set up inventory items within Accounts. From then on, all inventory
taken from the store should go through the POS Terminal as a sale. All inventory received from suppliers should be
entered into inventory through Accounts. If this process is strictly adhered to, you will always know your stocktake
 gures.
Your inventory consists of all of the items that are for sale in your store, and how many of them you have available.
POS gives you a “ perpetual” inventory system. That is, it calculates the inventory on hand by removing inventory
as it is sold and adding inventory as it is purchased. If it is set up and used correctly, it tells you exactly what your
inventory levels are at any particular point in time.
Item types
Accounts o ers a variety of item types to choose from, depending on the level of Accounts you are running.
Following is a summary of the di erences in some of these types.