RetailEdge 8.0 Point of Sale Software can now quickly and more completely than
ever move your RetailEdge deposit information to QuickBooks Pro or Premier
Accounting with a touch of a button.
General Journal Entries
RetailEdge will
export your closing information to QuickBooks Pro or Premier at the end of the
night as a general journal entry. RetailEdge will talk directly to QuickBooks'
data and make the appropriate entries.
Transfer Department Sales
into Sales Subaccounts
RetailEdge departments can
be mapped to Quickbooks Subaccounts of Sales to give detailed sales categorization in QuickBooks.
Easy Bank Statement
Reconciliation
RetailEdge's data
transfer allows you to group closings and set deposit dates in QuickBooks. This
allows you to set actual bank deposit dates (when you can't get to the bank
everyday). RetailEdge 8.0 also transfers payment method (VISA, AMEX, etc.)
information to QuickBooks. Deposit delays caused by different processor
transfer rates can be more easily reconciled with your bank statement.
Transfer Location Specific
Account Information
RetailEdge accounts
can mapped to as many or as few different QuickBooks accounts as you need.
Accounts Receivable, Customer Name (associated with Sales), Class Name, Sales
Income Account , Inventory Asset Account, Cost of Goods Sold (COGS) Account,
Item Name (from Items Sold), House Charge Asset Account, Store Credit Liability
Account, Layaway Liability Account, Loyalty Dollars Liability Account, Gift
Card Liability Account, Payout Expense Account, Sales Tax Liability Account,
Cash Drawer Adjustment Expense Account (Cash Drawer Adjustments for minor
drawer adjustments made during the closing), Non Sales Adjustment Expense
Account .