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Accounting & finance

Accounting Built Into the Point of Sale

Most POS software hands your accountant a spreadsheet at the end of the month. EncoderPOS posts to a real double-entry ledger as the sale is taken.

A real chart of accounts

An international-standard chart of accounts ships with the system and can be extended to match how your business is structured. Every transaction lands somewhere deliberate rather than in a catch-all bucket.

  • International-standard chart of accounts
  • Extendable account structure
  • Double-entry journals behind every transaction

Posted as it happens

A sale posts revenue, tax and cost of goods. A purchase posts stock and a supplier liability. A split payment posts to cash, bank and receivables in the right proportions. None of it waits for a month-end reconciliation, because none of it was ever outside the ledger.

  • Sales, purchases, payments and returns post automatically
  • Tax captured at the point of the transaction
  • Cost of goods recognised against the sale that caused it

Close the period and move on

Ledgers, trial balance and period close are part of the same system that took the sales, so the figures your accountant works from are the figures the till produced. Exports to Excel and PDF are available at every level.

Accounting — common questions

Is accounting really built in, or is it an export?

Built in. There is a complete chart of accounts with double-entry journals and ledgers, and sales, purchases and payments post to it as they happen.

Which plan includes the accounting module?

The accounting and finance module is part of the Enterprise plan. Starter and Growth include the sales, purchase and stock reporting that most single-site and small multi-branch businesses run on.

Can my accountant get the data out?

Yes. Ledgers, trial balance and every report export to Excel or PDF.

Ready to run your counter on one system?

Set up your products, open the till and take your first sale today. Seven days free, no card required, and our team will migrate your existing data for you.

  • No card required
  • 7-day free trial
  • Setup help included