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Banking / GL
Major Features
An Accounting System in a Point of Sale (POS) setup refers to the financial management component that records, tracks, and analyzes all monetary transactions generated by the business. While the POS handles day-to-day sales and payment processing, the accounting system ensures that every transaction is properly documented, categorized, and reflected in the company’s financial records. It serves as the backbone for financial accuracy, compliance, and reporting.
FAQ Under Banking / GL BitPOS
- How to Create GL Accounts Creation of GL Accounts
- How to create Bank Accounts Bank Accounts Creations
- How to Journal Entry Expense Process Journal Entry Expense
- How to Fund Transfer Bank Fund Transfer
- How to Reconcile Bank Account Reconcile Bank Accounts?
- How to PDC Payment Entry PDC Payment Entry?
- How to use Dimension in Journal Entry Dimension in Journal Entry?
- How to record Expenses using POS Cashiering Interface Expense POS Cashiering?
- Deposits Deposits
- Bank Accounts/ Fund Transfer Fund Transfer
- Journal Entry Journal Entry
- Budget Entry Budget Entry
- Reconcile Bank Account Reconcile Bank Account
- Revenue / Cost Accruals Cost Accruals