#Quickbooks point of sale 2014 manual#
#Quickbooks point of sale 2014 pro#

In many situations it is not desirable to keep the accounting system on the same computers as the point of sale systems, and in some cases it isnвЂ™t even possible. The other factor in getting point of sale data to accounting is actually getting it thereвЂ¦ transporting the data from the POS location to where the accounting system lives.

#Quickbooks point of sale 2014 pro#

If there isnвЂ™t a packaged integration solution available, then check out products like Transaction Pro Importer, which can automate a variety of data import processes and ease the burdens moving external data into QuickBooks. Check with the POS vendor and ask about a direct integration with QuickBooks desktop or whatever financial system you use. While QuickBooks Point of Sale integrates with QuickBooks desktop products, other POS solutions can also connect with QuickBooks if the right integration tool is selected, and there are quite a few available. There are numerous tools available that can take formatted POS data and import it into products like QuickBooks, for example, where it can be properly accounted for.

#Quickbooks point of sale 2014 manual#

The point is the elimination of manual re-entry of information. Rather than establishing a process that requires manual entry of information fromВ either system, a data integration solution is the best approach, with an import/export solution running second. The right approach to bringing point of sale together with accounting is to automate the process of integrating POS data with accounting on a regular basis вЂ“ with AUTOMATION being the key. When the business elects to conserve on data entry and post only summary information to the accounting system, valuable detailed sales and transaction data may be lost. The process of re-keying information from the POS to accounting systems is not only an efficiency-killer, it is also introduces a great potential for errors. Centralized inventory management is all but nonexistent in these cases, and gross sales total are often recorded rather than individual transactions and receipts being transmitted to the accounting system. Sales and items may be recorded in the POS system, yet only summary sales data ends up being re-keyed into the accounting system.

The dataВ from the POS solution must make it to accounting in some manner, yet point of sale applications are too-often approached as a standalone business requirement, somehow disconnected from other aspects of the business including the back-office. Whether it is composed of registers and terminals connected to a host system, PCs running POS software, or mobile phones and tablets running mobile payment processing apps like Square or GoPayment, point of sale addresses the retailers need to capture and record sales and payment information, sometimes customer information, and often inventory information. The point of sale application generally handles the selling of and payment processing for goods and services sold by the business. Further, the financial systems are often the first and primaryВ source of analytical data, illuminating KPIs and cash flows and ultimately the business value. This system not only services essential processes like receivables management, bill payments and bank account reconciliation, it serves as the basis for payroll, financial, tax, performance and other reporting. Just as specialized line of business applications are used to handle operational functions, the financial application should be considered to be the вЂњline of businessвЂќ solution for the accounting and finance department (even if it is a department of one). While the POS system may include a level of basic accounting functionality, the reality is that a dedicated financial application will perform better in the long run. This critical element is integration to a trusted accounting and finance solution. But even the best point of sale system can lack the critical element that makes it truly valuable for the business.

From touch screen technology to mobile credit card and payment processing, retailers have many choices when it comes to selecting the right technology for the establishment.

There are a lot of solutions available to help retail businesses get business done.