Shogo sends your daily sales information to your accounting system each morning for the previous business date.
For all Point of Sale solutions, sales information is posted at the department or category level (see your specific POS for more). You can map each POS department/category to its own account, map many to one, or you can map all to one.
For some point of sale solutions, you can choose to post sales at the individual product (sku/plu) level.
Shogo offers three types of sales posting methods depending on your accounting system. Each method offers a different level of accounting detail.
Journal Entry: Enters sales by category, taxes, payments and cash operations to accounting file as a single journal entry. This entry is streamlined, reporting data directly to the General Ledger/ Chart of Accounts.
This posting method is available across all accounting systems.
Sales Receipt/Invoice: Enters sales by category, taxes, payments and cash operations to accounting file as a single sales receipt. This posting method is item based; items are then attached to an account on the General Ledger/Chart of Accounts. Use this option if you intend to use your accounting software sales tax reports rather than those from your Point of Sale.
This posting method is available for QuickBooks, Xero, Sage Business Cloud and Exact.
Itemized Sales Receipt: Enters sales by item and discounts as a single sales receipt. Taxes, payments and cash operations are entered as a separate journal entry. Offers the highest level of detail, it will provide data on each item sold, and is best if using POS for inventory control. This posting method while providing the highest level of detail, also requires the most work to maintain.
This posting method is available for Oracle Netsuite, QuickBooks, and Xero.
Note: If your Point of Sale provides the ability to do COGS/IA please refer to Point of Sale Help (Link) for additional details, specific to your POS.
In general, regardless of the posting method, the postings are broken out into two general components:
1). What was paid for:
- Sales by department/category
- Less any discounts and returns
- Gift Card/Certificates purchased
- Sales/VAT Tax(es)
- Tips charged to credit cards
- All other service charges
2). How was it paid for:
- Credit/Debit Cards
- Third party ordering services
- Gift Card Redemptions
In addition to sales information, depending on your point of sale solution, Shogo can also post your cost of goods sold as well as purchase orders.
Shogo does not currently support any payroll and timekeeping integration nor does it support posting at a transaction and/or individual customer level.
Please see your specific point of sale help section to see what is supported and how.