Goldenseal Accounting Software-- Retail Sales Setup

Retail Sales Setup

How do I set up Goldenseal for retail sales?

Follow these basic steps to prepare Goldenseal accounting software for a retail business with sales that is are usually paid by cash, check or credit card. Click here if you typically bill your customers for later payment.

Customer Setup

Create a Customer account for every person or business that you sell to. Choose Customers from the Accounts menu, click the New button, and type in basic info about each customer.

HINT-- You don't need to fill in all of the fields. If you are busy now just enter the name, and you can fill in other details when you need them.

If you don't know all of your customers or if you don't want to bother tracking them individually, also create an "unknown name" account for them. It's the same as a regular account, except that you'll turn on the Allow One-Time Names checkbox so you can type names into Sales transactions.

Sales Item Setup

If you want to track inventory or have Goldenseal calculate prices for the items you sell, then create Cost Items for each item that you buy and sell. Choose Cost Items from the Costs menu, click the New button, and type in details.

If you assemble components or sell packages that contain several items, create assemblies. Choose Assemblies from the Costs menu, click the New button, and type in details.

HINT-- If you don't have time to set up cost items and assemblies right away, you can use a category breakdown for your sales, and just type in the items. Category breakdowns are also a good option if you don't track inventory, or if the items you sell are all one-of-a-kind.

Other Setup

Choose Income Setup from the Income menu, and set up the following items:

Job Sales Tax-- if you charge sales tax.
Payment Methods-- Enter each form of payment that you accept.

Entering Sales

After you've finished the basic setup, choose Sales from the Income menu to enter sales transactions.

For more about sales in the Getting Started manual, click here.
For more about sales in the Reference manual, click here.

Click here to return to sales topics.