Hi Guys, I hope you are keeping up with RetailDAXing. This blog is my another effort for sharing information about the most important part in the Retail module which is Statement Posting. I have kept this in multiple parts for better understanding.
In this blog, we will go through some Introduction and setups required to drive Statement posting.
What is Statement?
- Retail documents that contain a collection of inventory and financial transactions from POS for a given store over a specified period of time.
- Transactions can be posted in detail or aggregated.
- Posting of a statement will create and invoice Sales orders, create payment journals and settle against the Sales invoice.
- Provides consistent tracking and referencing of sales across channels