Dimensional accounting means tagging each transaction with appropriate dimensions like branch and business unit. This allows you to maintain each segment separately, which limits the overall maintenance on GL accounts and keeps your Chart of Accounts pure. You can maintain multiple retail branches and analyze based on this dimension.
In ERPNext, a POS profile lets you use the Point of Sale feature. The profile is where you can set defaults such as price list, warehouse, branch/location, income account, and payment modes. You can even manage which users can access which POS profiles with one-click configuration.
Set up prices (including selling and buying rates) for your products with different price lists. These price lists can even be in different currencies! Just select the right price list, and your item prices will be automatically fetched during transactions.
Suppose you produce t-shirts in different sizes and colors. You'll need to track each type of t-shirt and its variants, known as item variants. In ERPNext, the primary item is stored as an item template, and each of the variations is stored as an item variant.
ERPNext makes discounts simple. With promotional schemes, you can manage item discounts (based on rate or set prices) for different retail parties or branches. Promotional schemes will automatically change the applicable pricing rules.
With ERPNext's Print Format Builder, you can customize the look and feel of your invoices effortlessly. Apply your brand logos, include images or terms and conditions, add your company address, and so on. Once you set it up and save as the default, you'll never have to worry about it again!
At the end of the day, it's easy and fast for cashiers to close their POS. Just select the period and enter collected amounts. If cashiers notice a difference between the system amount and the actual cash collected, it's easy to create a Difference Posting.
Multiple people may operate your POS at the retail counter through the day. Cashier Closing Vouchers let cashiers record the sales and details at the end of their shift. Then an accountant or manager can collect and tally cash to quickly update the company ledgers.
In ERPNext, you can create POS invoices even when you're not connected to the internet. Invoices created offline will be saved locally in the browser. You can even keep creating an invoice if you lose internet midway. Once an internet connection is available, all offline invoices will be synced and pushed to your ERPNext account.
Manage your customers better in no time. It just takes a few minutes to set up loyalty programs and special pricing schemes. You can then maintain credit limits, view receivables and total billing, and analyze average customer revenue to make informed business decisions.
Create your own merchandise management software. Map the data you care about by adding custom fields in your forms. Then customize form behavior by auto-fetching values, hide fields based on user roles, and create custom print formats — all without a single line of code.
All the tools you need to achieve business excellence are part of the world’s first smart, DIY ERP. Transform your organization with excellent documentation and video tutorials that facilitate a zero-touch, super fast ERP implementation.