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Posted by Laura on January 31, 2007, 9:46 pm
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> SmallBizMan wrote:
>>> HeyBub wrote:
>>>> RobertM wrote:
>>>>> Does one then depend solely on the POS software to track
>>>>> inventory? Manually entering all inventory items sold via
>>>>> journal entries would appear to be more work than entering
>>>>> sales receipts into QB 2006 as I'm not doing. I don't know
>>>>> how the POS would fit into my current QB, and the problem
>>>>> is, Intuit doesn't seem to know, either. They don't have a
>>>>> clue. Their biggest selling point is what kind of a discount
>>>>> they'll negotiate with me on the purchase of the software. I
>>>>> think the Intuit sales rep was selling used cars last week.
>>>> Of course. In accounting parlance, a POS/Inventory system is called "a
>>>> book
>>>> of original entry" the totals - and only the totals - of which are
>>>> periodically (daily, weekly, monthly) entered into the general ledger.
>>>> The
>>>> main database has no detail inventory information.
>>> What do you mean, "Of course"? Intuit won't explain it so
>>> there is no way for me to read their mind. How does the POS
>>> inventory get merged together with the current inventory
>>> that is in QB 2006? Can the QB file be loaded into the POS
>>> for a starting point or does it work the other way around,
>>> or will I be dealing with two sets of records and using
>>> pencil and paper to see what I really have? Which "database"
>>> are you referring to? In QB or in the POS?
>>>
>>> Bob- Hide quoted text -
>>>
>>> - Show quoted text -
>>
>> Use POS/InventoryControl software for inventory ,& sales details
>> ( received, sold, sku's, cost, price, departments, discounts, returns,
>> form of payments, etc. )
>>
>> Use QB's to account for department sales, revenues received , a/p ; a/
>> r ,,
>> ( daily, weekly as you require ...)
>> MOnthly adjustments for Inventory Value and COGS in QB's is one line
>> JE.
>>
>>
>> keep the animals seperate ...
>>
>> Keep
>>
> Sounds like the POS thing would be a big can of worms. All of my inventory
> is now in QB. I had thought from the Intuit advertising that the POS thing
> would keep track of inventory and somehow add my current inventory to its
> database but if I have to use two separate systems, i.e, existing
> inventory and new inventory then there is no advantage to a POS system. My
> primary reason for POS would be to read barcodes and keep track of prices
> and items bought and sold. At this point I don't really know what the POS
> would do for me, if anything. Intuit sent some flashy ads promising to
> make my life easier but there were no details on how it would do this nor
> how it would affect my current inventory and accounting system in QB. It
> may not be possible to do what I'd like to do with Intuit POS nor with any
> other POS. I simply don't know enough about what POS does at this point to
> pass judgment on what would be a good or a bad system. I'll put off the
> decision until I do a lot more studying and reading on the subject. The
> goal would be to know more about what I have in inventory and save me time
> in keeping track of it.
You should also search the Intuit Pro advisor referal database for a Pro
Advisor that is certified in POS and call them directly. You have enough
legit concerns that talking to someone who works with the system on a
regular basis might be a better source of info than the Intuit techs.
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