POS, Cash & Accounting — The Financial Source of Truth
In iShopMaster the financial ledger — not operational counters — is the source of money truth. That is why sales, cash and inventory all reconcile back to double-entry accounting.
POS and cash control
The till is tied to the ledger so cash is accountable shift by shift.
- Sessions & shifts
- POS sessions with shift control and a ledger-verified cash drawer.
- Cash integrity
- Cash movement and removal tracking, variance reconciliation and access logs.
A genuine double-entry ledger
Accounting is real bookkeeping, not a summary report.
- Core ledger
- Chart of accounts, journal postings, customer subledgers, payments, settlements and period locks.
- Beyond the ledger
- Fixed-asset register, budgets vs actuals, payroll and bank reconciliation.
Reporting
IFRS-style financial reports give owners and accountants a defensible view of the business, reconciled against operations.
Frequently Asked Questions
Does iShopMaster have real accounting?
Yes — a genuine double-entry ledger with a chart of accounts, journals, subledgers, period locks, fixed assets, payroll and bank reconciliation.
How is the cash drawer controlled?
POS sessions and shifts use a ledger-verified cash drawer with movement/removal tracking, variance reconciliation and access logs.
Can it produce financial statements?
Yes — IFRS-style financial reports, plus budgets vs actuals and bank reconciliation.
Explore the rest of the system
- Product CatalogTwo-level catalog — product families and exact sellable SKUs — with SKU, barcode and IMEI identifiers.
- Inventory & IMEIPer-IMEI serialized units, batch stock, an event-sourced movement ledger, and branch-scoped availability.
- PricingDeterministic, currency-consistent pricing with batch-based precedence and multi-currency support.
- Repair & ServiceAn enforced, auditable repair lifecycle with job cards, role separation, quality tiers and margin protection.
- Warranty & ReturnsTwo-phase warranty policies with terms snapshotted onto each sold unit, plus returns and supplier RMA.
- ProcurementSuppliers, RFQs, purchase orders, goods receipts and returns — where stock cost and price are established.
- Security & Multi-TenantDatabase-per-tenant isolation, per-branch scoping, role-based access, quotas and a forensic audit trail.
- Integrations & APIA versioned REST API and an API-key marketplace with webhooks; catalog data maps to product feeds.