POS Payment Processing

The Point of Sale program allows you to process sales and returns for customers with COD or Net Payment Terms.  When a POS invoice or credit is processed for a COD customer, the payment or refund for the transaction must be entered before the transaction can be completed.  When a Point of Sale transaction for a Net customer is processed, no payment or refund information is required in order to save the transaction.

The Cash Sale Customer record used by the POS System is set up as a COD customer, and a payment must be entered for any sales or returns processed using this customer record before the POS transaction can be completed. 

The payment terms for the Cash Sale Customer, and for any other customers selected in the Point of Sale program are displayed in the top of the main section of the POS program and these terms cannot be changed within the POS program.

When a POS transaction is processed for a COD Customer, a “PAY” Button is displayed in the Invoice Detail section of the Point of Sale Program.  When a POS transaction is processed for a Net customer, the label on the “PAY” button is changed to show “NET Terms” in order to indicate to the POS operator that a payment is not required.

Once the correct customer and tax information has been specified in the POS program and the items being sold to or returned by the customer are entered into the Invoice Detail section of the POS program, the operator can use the Button that is labelled “PAY” or “NET Terms” to either enter the payment or refund information for the transaction, or to save the POS transaction.

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POS Payment Methods