I want to record the end of my daily sales into solar accounts, my daily sales come from a variety of payment methods such as cash, debit card, BACS, cheque, and of course being a small retailer some payments have vat and some don't. I've figured out how to record the different payment methods but now I'm stuck with vat problem. Can anyone help.
My first solution would be to record the sale as it happens. But that would mean staff having access to the accounts info which I don't want.
Hi Stuart,
To record your daily sales you really only need to record two Money Received transactions each day: one deposited into the Cheque Account and the other into Money To Be Banked. This page gives a detailed example:
https://www.solaraccounts.co.uk/forum/topic.php?TopicId=327&Posts=1
Since you have some sales at 20% and others at 0%, you should enter two lines in the From Account table of the Money Received window:
Line 1: Sales Income with VAT at 20%
Line 2: Sales Income with VAT at 0%
Regards,
