POS Interface - Inbound: Financial Transactions (Store) 

Purpose

This business process allows you to use the POS interface - inbound to process purely financial transactions (i.e. transactions that only affect financial accounting functions) that take place in stores.

In addition to actual sales, pure financial business transactions, which involve no goods movements, can take place at the POS. Examples of purely financial transactions:

In this case, a customer settles an outstanding invoice in a store.

A vendor invoice is paid using the store’s cash reserves.

This includes postage costs taken from the cash register and payments to temporary staff, for example. It also includes cash register discrepancies or small change from the bank.

In addition, the following store transactions can take place in SAP Retail:

Transfer postings between different accounts (for example, between the small change safe and the cash registers).

This posting is necessary if a foreign currency is to be managed in a separate account.

Process Flow

  1. The financial transactions are entered outside SAP Retail in a POS system or distributed retailing system. The data you must enter includes the transaction type, the amount, a customer number, vendor number or G/L account number, for example.
  2. The data is prepared at POS interface - inbound in SAP Retail.
  3. SAP Retail determines the G/L accounts for Financial Accounting in which the financial transactions are to be updated.
  4. The data is updated in the Financial Accounting and Cost Accounting accounts.

Notes and Remarks