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Cash Sales

This guide explains how to record immediate cash sales where payment is received at the point of sale.

Recording a Cash Sale​

Navigate to Accounts Receivable > Transactions > Cash Sales > Create Cash Sale.

Sale Details​

  1. Date: Date of the sale.
  2. Customer: (Optional) Attach to a specific customer record, or leave blank for "Cash Customer".
  3. Deposit To: Select the Bank/Cash account receiving the funds. Reference the specific till or account.

Line Items​

  1. Item / Account: Select the inventory item sold or the revenue account.
  2. Quantity: Number of units.
  3. Unit Price: Price per unit.
  4. VAT: Valid tax rate.

Finalize​

  • Click Create Cash Sale.
  • This transaction simultaneously recognizes revenue, decreases inventory (if applicable), and increases your cash balance.