Unlock Retail Efficiency: Why Integrating XtraPOS Cloud with Your Accounting System is a Game-Changer

Part of running a successful retail business is managing several aspects from behind the scenes, such as inventory, sales, payroll and invoicing. Using XtraPOS Cloud already provides you with many tools to increase efficiency and manage your business, however, integrating these powerful tools with your accounting system, such as Sage 200 Evolution,  Sage 50, XERO or Quickbooks unlocks a whole new set of features to improve your business operations. Here’s how:

Synchronisation Between Sales and Accounts and Less Errors

With every sale made, there needs to be a record in your accounting system. Integrating your POS system with your accounting system means your sales data is automatically transferred without manual entry and in real-time. This also reduces the risk of human error as well as manual data entry at the end of the day, allowing your team to focus on selling products and providing great customer service

Accurate Data Which Leads To Better Decisions

When both your POS and accounting systems work together, you get a full picture of your financial health, meaning you can track daily sales performance, VAT and tax liabilities, profit margins and more in order to make informed decisions quickly.

Speed Up Your End of Month Reporting

The end of a month can bring with it tedious tasks for retail teams. However, with your two most used systems integrated, these tasks can be carried out with the click of a button. This is especially useful for retailers working with external accountants or finance teams.

Compliance & Peace of Mind

Tax compliance becomes much easier when your records are consistent, timely, and backed by technology. Integration ensures all sales and payments are logged correctly and tied back to relevant accounts, helping you stay compliant with local tax laws and regulations.

Peace of Mind and Compliance

It becomes easier to follow tax regulations when your records are consistently up-to-date and can be traced back to relevant accounts. This also provides you with peace of mind that everything is documented in case of potential issues.

XtraPOS Cloud is a powerful system created locally and made for Maltese retailers. Combining it with an accounting system, such as Sage 200 Evolution, Sage 50, XERO or Quickbooks eliminates manual tasks, reduces errors and provides full visibility into your retail performance. Such an integration acts as a competitive edge, something which all retailers should make use of.

Contact us if you have any questions or would like to set up this integration.