My wife is going to open a retail shop. I've used QuickBooks in my consulting business and I'm familiar with it. But POS --- that's something I've never used before. Will POS accept a touch screen and credit card information? Will it connect to a cash drawer? Or am I ahead to talk to some business sales folks and let them sell me a different system?

• QBWill (Oct 9, 2006 12:51 pm)

I recently noticed that all of my POS transactions show up in my "sales tax liability report as a negative total. I think I may have assigned it to a separate tax code. I've spoken with Quickbooks support on two occassions and have had no luck.
Attached is part of my Sales Tax Liability report

I only pay tax to one vendor, Illinois Department of Revenue. I understand the Out of State, but what are all these other tax amounts. There should only be the state tax.

HELP!!!!

How does POS keep track of inventory. Will it automatically adjust COGS? Do we need to count inventory by hand?

• QBWill (Oct 9, 2006 12:55 pm)

Welcome. I am glad you found our discussion. I am Will English, I has been certified on QuickBooks POS since version 2 and has more than 50 installations under my belt. I recently completed the QuickBooks Point of Sale 6.0 beta. In addition, I am regularly called in to troubleshoot existing Point of Sale installation problems. If that doesn't keep me busy enough, I have also trained several accountants in how to properly install QuickBooks POS. Point of Sale is a great product for the small to medium retailer and I am excited to share my knowledge with you all.

Point of Sale will accept a touch screen by setting preference to use touch screen. It is designed to work with a bundle of hardware tested and approved by Intuit. The POS under QuickBooks.com has more information regarding this bundle. The real benefit to QuickBooks POS is it ease of use and the fact that it ties to the financial product so no double entry.

When you receive in inventory in POS, it posts an entry to inventory and either creates an item receipt or bill depending on your set up. Each day, it will also post a journal entry reducing your inventory and increasing COGS. No need for manual entries. Also, there is a phyiscal inventory section to count and adjust inventory. 6.0 has really beefed up this function.

Hi William. I recently purchased the POS software for my business. I running into a problem where the Client server is not connecting to the Workstation server. I keep receiving the error message "Connection Failed" where the connection wizard is unable to connect. After that it leads me into "OPTION 2" where I input the computer name and company file. After inputting the information, I still run into a connection problem. I have a wireless broadband router which connects my computers together. What are other options in getting the servers to share data with each other?

• QBWill (Oct 10, 2006 8:59 am)

I would check your networking. If you go my network places from the start menu on the client computer. Can you see the Server computer. If not, make sure your network is working.

POS is actually pretty smart about finding the server computer, but firewalls can be a problem.

There are several components that need access through the any firewall and technical support can help you configure anything that got missed during the initial firewall configuration.

Lastly, make sure that POS on the Server has been registered. For some reason, that matters.

Good luck

Actually what you are seeing is a quirk in the program. The last line reads sales tax from multiple vendors and matches the POS sales tax. If you look at the receipts that POS creates in QuickBooks financial, please note that POS creates an item in the sales tax field at the bottom, but also uses your sales tax item in the body of the sales receipt. This causes the multiple line entry.

The POS sales tax and the multiple offset each other leaving your tax amount correct. When I train, I alert my clients to this fact. Where there are problems, the two lines are different causing overall tax to be wrong. Good Luck

I've just purchased Quickbook and I trying to learn the program before I attempt to import all of my database from Q&A. Can you set up the inventory for each product to show several sources for the product, with vendors part numbers and pricing and will this program allow you to run an order sheet utilizing a vendor you choose, depending on availability of product and pricing?

Also, I'm tyring to export an invoice using the invoice letter, for invoicing for consulting services. I have to attach copies of expense receipts and summary of services provided. I've tried to customize my current invoice form I use in word but the data won't export into the form. My current word document has a table where the data should be entered, but Quickbook won't insert data into the cells. Will Quickbook enter data in the cells, and if so how do I set it up? If it won't, then I won't waste my time with quickbook and will just keep using Q&A.

Thank you.

In QuickBooks POS, you can specify up to 5 vendors with their own part #'s. As for an order sheet, not sure I understand. QuickBooks will not know anything about your vendor's availability. Also QuickBooks uses average cost of goods to determine cost of goods sold. As for the invoice, it sounds like you are talking about the financial product. You can customize the form, but can not attach receipts etc. What you can do is to put the expenses into QuickBooks and pass them through to the invoice which will allow you to see what receipts to attach. QuickBooks will create an mail merge invoice in Word, but using the fields in QuickBooks, and nothing external. Hope that helps