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POS Transaction Examples MYOB

Below are some examples of the different types of POS Transactions in Idealpos.  The examples show how the transaction should appear in the MYOB Transaction Journal and will show if the example is for Cash, Accrual or Cash and Accrual GST Accounting Basis.

Sale – All Items GST Inc. – Cash & Accrual

A Sale for $50.00 Inclusive of GST - paid by Cash.

Sale – Items are GST Inc. and Ex – Cash & Accrual

A Sale for $42.00 inclusive of GST and $46 exclusive of GST – paid by cash.

Sale with EFTPOS Cash-Out – Cash & Accrual

A Sale for $50.00 Inclusive of GST with a cash-out amount of $10.00.

Sales and Refund in different Sales Categories (Cash & Accrual)

A Refund of $10 Beverage and a $10 Sale of Food.

Sale – Split Tendered to Cash and EFTPOS (Cash & Accrual)

A Sale for $50. $25 paid on Cash and $25 paid on EFTPOS.

Sale with Cash and Rounding (Cash & Accrual)

A Sale for $40.99 Inclusive of GST with 1c Rounding as it was paid by Cash.

Sales Reconciliation where a Variance has been entered (Cash & Accrual)

Several Sales totalling $100 in the End of Shift and a Variance of $5 entered as the Cash was less than expected.

Bar Tabs – Post Paid

Sale – Bar Tab (Cash & Accrual)

A $50 Sale was saved to a Bar Tab then paid with Cash.

Bar Tabs – Pre Paid

Pre-Paid Bar Tabs (Cash & Accrual)

A Customer Opened a Bar Tab and want to Pre Pay $500.

Pay for Bar Tab using Pre-Paid Amount (Cash & Accrual)

Accumulated Sales totalling $500 were saved to this Bar Tab. When paid, the pre-paid amount of $500 was applied to the sale.

Refund/Void Mode Transaction – Cash & Accrual

A Cash Refund/Void Mode for $50.00 Inclusive of GST.

Refund Transaction & Split Tendered (Cash & Accrual)

A Refund on a $50 item and issued $25 Cash and $25 EFTPOS to the customer.

Credit Notes

Refund Transaction & Issue Credit Note (Cash & Accrual)

A Refund on a $50 item and issue a Credit Note.

Credit Note Redeemed (Cash & Accrual)

A Sale of $50 paid with a Credit Note of $50.

Lay-Bys

Lay-By Sale & First Payment – Accrual

A Lay-by sale of $50 Inclusive of GST with a $10 Deposit paid on Cash.

Lay-By Part Payment – Accrual

A Part payment is sent to MYOB the same as the first payment.

Lay-By Final Payment Accrual

A final Lay-by payment of $30.00 paid on Cash.  On the final payment, the GST and Sale amount is sent to MYOB.

Lay-By Credit Adjustment – Accrual

A Lay-By sale of $50 Inclusive of GST with a deposit of $10.00 Cash.  An Adjustment of $1.00 was applied to this Lay-By with an owing balance of $39.00.

Lay-By Debit Adjustment – Accrual

(NB. This can only be processed if Global Debtor not activated)

A Lay-By sale of $50 Inclusive of GST with a deposit of $10.00 Cash.  An Adjustment of $1.00 was applied to this Lay-By with an owing balance of $41.00.

Lay- By Cancellation – Refund Monies Paid– Accrual

Cancel a $50.00 Lay-By with a deposit of $10.00 Inclusive of GST.

Lay-By Cancellation – Refund Part Monies Paid and charged Service Fee (cancellation fee) -

Cancel a $50.00 Lay-By with a deposit of $10.00 and a service fee of $5.00 and refund of $5.00.

Lay-By Sale & First Payment – Cash

A Lay-by sale of $50 Inclusive of GST with a $10 Deposit paid on Cash.

Lay-By Part Payment – Cash

A Part payment is sent to MYOB the same as the first payment.

Lay-By Final Payment – Cash

A final Lay-by payment of $25.00 paid on Cash.

Lay-By Credit Adjustment – Cash

A Lay-By sale of $50 Inclusive of GST with a deposit of $10.00 Cash.  An Adjustment of $1.00 was applied to this Lay-By with an owing balance of $39.00.

Lay- By Cancellation – Refund Monies Paid– Cash

Cancel a $50.00 Lay-By with a deposit of $10.00 Inclusive of GST.

Lay-By Cancellation – Refund Part Monies Paid and charged Service Fee (cancellation fee) - Cash

Cancel a $50.00 Lay-By with a deposit of $10.00 and a service fee of $5.00 and refund of $5.00.

Received on Account and Paid Out Functions (Tips In/Out, Paid In/Out)

Tip In - RA Function (Cash & Accrual)

Using the RA and PO Functions for Tips in and Out does not record GST. If you wish to record GST on Tip that have been collected, we recommend using a Stock Item with GST set.

A $10 Tip has been entered and tendered on Cash.

Tip Out - PO Function (Cash & Accrual)

A $10 Tip has been taken out and tendered on Cash.

Paid In - RA Function (Cash & Accrual)

A $20 Paid in has been entered and tendered on Cash.

Paid Out - PO Function (Cash & Accrual)

A $20 Paid Out transaction tendered on Cash.

Gift Vouchers

Gift Voucher Sale (Cash & Accrual)

A Gift Voucher Sale of $100 paid by Cash.

Gift Voucher Redeem (Cash & Accrual)

A Sale of $100 paid by Gift Voucher.

Gift Voucher Sold on Account (Cash & Accrual)

A Gift Voucher Sale of $100 paid on Account.

Gift Voucher Sale and paid by Points (Cash & Accrual)

A Gift Voucher Sale of $100 paid by Points.

No Journal is sent to MYOB.

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