This article is written to show how QuickBooks point of sales is used for multiple stores. It is done so that one can gain a proper understanding of how your current business may be affected and also what changes are required in the system so that you can effectively use this system.
Overview of QuickBooks Point of Sale Multi-Store
1. Headquarter
Headquarters maintains central control over inventory, purchases goods, runs company-wide reports, and handles data exchange with QuickBooks Point Of Sale. Headquarters also has all the capabilities to a remote store, plus can create documents for any store.
2. Remote Store
Stores 2-20, called remote stores, receive and sell merchandise, capture customer information, transfer items to other stores when necessary and, run local store reports. Each store authorizes and settles its own credit, debit/ATM and, gift card transactions runs the end of day procedure and, defines its own employees and security setting.
Few functions of Head Quarters
- Regular purchase orders are created in here
- Regular receiving can be done at HQ or remote store
- HQ defines all price levels, item prices and, order costs
- Add/edit/delete/merge items and styles
- Group items are defined here
- Define deposit requirements on orders
- HQ seta up the sales and tax location
- All financial Exchange can be done only from HQ
Also Read: Integrate QuickBooks POS with QuickBooks Enterprise
Few functions done by the stores
- Receive and sell merchandise
- Capture information about the buyer
- Transfer items to other stores
- Perform end of day procedure
- Can set default price level and payment type
- Set default tax location
- can set employees and security rights
- Set preference of workstation
The financial exchange between QuickBooks POS And multiple Stores
- Transfer between QuickBooks POS and financial- financial exchange
- Remote stores update HQS tore with activity
- Only HQ store can integrate with QuickBooks Financial
- Only 1 set of Books is updated as the only HQ can control QuickBooks
- Each store has it’s own HQ database which can then be connected to QuickBooks financial data file. By this, you can transfer any data from a remote store to Headquarters database
This is how QuickBooks POS for multi-stores work. Mostly it is HQ centric, a lot of activities take place in the headquarters.
Why you should use QuickBooks Point Of Sale for Multiple Stores?
- Break down deals and stock information by singular store area on your multi-store POS framework.
- Move up deals and stock information from each store so you can examine everything together on the organization level
- Effectively include stores, new clients, clients or registers as you develop.
- Gives you a chance to purchase new stock for all areas together and afterward redistribute among stores.
- See your benefit and misfortune by the store when you incorporate with QuickBooks Desktop.
QuickBooks Point of sale support not only helps in managing accounts but also help in including clients and help in developing new stores. You can dial +1-855-365-6O12 to get in touch with QuickBooks Point Of Sale Technical Support.