The Accounting Summary Report and the Inventory Valuation Summary Report are required for tax purposes. The results occur in real time, which means that they are only valid on the precise time and day that they were produced. If you miss the calendar year-end or fiscal year-end deadline for creating the reports, contact Paladin Customer Support to retrieve the data.  It is also beneficial to create a Period Comparative Revenue Report.

This article contains the following procedures:

  • How to create the Accounting Summary Report (required)
  • How to create the Inventory Valuation Summary Report (required)
  • How to create the Period Comparative Revenue Report (optional)

How to create the Accounting Summary Report

  1. Open Paladin Point of Sale.
  2. On the top ribbon, click the Reports module.
  3. In the Report tab, in the Report Area pane, click Accounts Receivable.
  4. In the Accounts Receivable list, click Accounting Reports.
  5. In the Reports List pane, click Accounting Summary Report.
  6. In the Choose Report pane, click F12 Next.
  7. In the Sorting Options pane, click F12 Run Report.

How to create an Inventory Valuation Summary report

You can see the total value of inventory filtered by part number ranges, departments, suppliers, classes, subclasses, or locations.The report will include the following information by department:

  • Number of items
  • Stock value
  • Retail value
  • YTD value
  • YTD profit
  • Margin on sales
  • Gross margin return on investment (GMROI) 
  1. Open Paladin Point of Sale.
  2. On the top ribbon, click the Reports module.
  3. In the Reports tab, in the Report Area pane, click Inventory, and then click General.
  4. In the Report List pane, click Inventory Valuation Summary.
  5. In the Choose Report pane, click F12 Next.
  6. In the Inventory Valuation Summary window, in the Report Settings pane, enter the data that you want.

Note: For this report, there are no Additional Settings.

  1. In the Sorting Options pane, click F12 Run Report.

How to create the Period Comparative Revenue Report

  1. Open Paladin Point of Sale.
  2. On the top ribbon, click the Reports
  3. In the Report Area pane, select Sales Analysis.
  4. In the Sales Analysis list, select Revenue.
  5. In the Report List pane, select Period Comparative Revenue.
  6. In the Choose Report pane, click F12 Next.
  7. In the Report Settings pane, in the Dates row, select January 1 and the tax year in the first calendar list, and then select December 31 and the tax year in the second calendar list.
  8. Optional: To create the report for one terminal, in the Terminal row, select the terminal in both lists.
  9. Optional: To create the report for one employee, in the Employee row, elect the employee in both lists.
  10. Optional: Select the Include prior year comparative totals?
  11. Optional: Select the Expense payment discount?
  12. Optional: Select the Export to Excel?
  13. In the Compare last year row, select By Date or By Business Day.
  14. In the Sorting Options pane, click F12 Run Report.

Learn more:  Best Practices:  Year end reports

If you have questions or suggestions about this information, contact support@paladinpos.com.

*Content is subject to change. For the most recent version, visit the Help Portal.
Printed on: 12/19/18