POS (Point of Sales) is a feature through which we can create an Invoice at a point of sales, and collect the payment from the customers in various method. POS (Point of Sale) means the place where a customer makes payment for goods or services at a store. it can be a reception counter or retail place where sales transaction records.
TallyPrime provides a Point of Sale (POS) feature, specifically designed for retail businesses. It streamlines the billing process, handles inventory automatically, and provides insights into sales performance.
Features of POS in TallyPrime
- Fast Billing: Generate invoices quickly to minimize customer wait times.
- Multi-Mode Payment: Accept payments through cash, credit card, or digital wallets.
- Inventory Management: Automatically update stock levels after every sale.
- Customizable Invoices: Generate sales invoices tailored to your business needs.
- Discounts and Offers: Easily apply discounts or promotional pricing.
In TallyPrime, POS is used in retail businesses where fast billing is needed. It supports different payment methods like cash, debit card, credit card, coupons, wallets, etc.
Payment Methods in POS (TallyPrime)
| Payment Method | Description |
| Cash | Payment made in physical currency |
| Credit Card | Payment through credit card machine |
| Debit Card | Payment through customer’s bank debit card |
| Coupon Code | Gift voucher, promo code, discount coupon |
| Bank | Payment via UPI, Cheque, Online Transfer |
How to Create POS Voucher Type
- Voucher Name : POS Invoice
- Select type of voucher : Sales
- Use for POS invoicing : Yes
- Save
Step 2 1. Gateway of Tally > Vouchers > F8: Sales > Point of Sale Billing.
Gateway of Tally > Vouchers > F8: Sales > Point of Sale Billing.
- Go to Gateway of Tally > Vouchers
- Press F8 or select your POS voucher
- Select Customer or Walk-in customer
- Choose Items being sold
- Add Quantity and Rate
- In Payment Methods, you will see multiple modes:
- Cash
- Add the correct amount in each method
- Press Enter and Save the voucher
Point of Sale in Tally Prime (Method 2 – Enable Gift Vouchers Credit/Debit Card)
Enabling Gift Vouchers Credit/Debit Card Payment In Point of Sale Voucher.
Step 1. Create Following Ledger
- Coupon Voucher Under Sundry Debtor
- SBI Bank Under Bank Account
Step 2 Gateway Of Tally >> Create>> Voucher Type>> Point of Sale Billing Add Class POS
Set Your Default Ledger For Point of Sale Invoice in Voucher Class.
Point of Sale Invoice
- Go to Gateway of Tally > Vouchers
- Press F8 or select your POS voucher
- Select Customer or Walk-in customer
- Choose Items being sold
- Add Quantity and Rate
- In Payment Methods, you will see multiple modes:
- Cash
- Credit Card
- Debit Card
- Coupon Code
- Bank (via UPI, Cheque, etc.)
- Add the correct amount in each method
- Press Enter and Save the voucher
The Point of Sale (POS) feature in TallyPrime simplifies retail billing, helps manage inventory, and ensures smooth business operations. Whether you run a small store or a large retail chain, POS in TallyPrime is a valuable tool for handling day-to-day sales efficiently.
Assignment 1: POS Invoice with Mixed Payments
Customer Name: Ramesh Traders
Ledgers to Create:
- Cash A/c – Under Cash-in-hand
- Bank Accounts A/c – Under Bank Accounts
- Coupon Code A/c – Under Indirect Expense
POS Invoice Entry
- Voucher Type: POS Invoice
- Customer: Ramesh Traders
- Date: 01-Apr-2025
| Item | Quantity | Rate | Amount |
| Laptop | 1 Nos | ₹50,000 | ₹50,000 |
| Smartphone | 1 Nos | ₹20,000 | ₹20,000 |
| Total | ₹70,000 |
Payment Methods Used:
- ₹30,000 – Cash
- ₹25,000 – Credit Card
- ₹15,000 – Coupon Code
Assignment 2: POS Sale with Debit Card and Bank Payment
Customer Name: Suresh Enterprises
POS Invoice Entry
- Voucher Type: POS Invoice
- Customer: Suresh Enterprises
- Date: 01-Apr-2025
| Item | Quantity | Rate | Amount |
| Laptop | 1 Nos | ₹45,000 | ₹45,000 |
| Smartphone | 2 Nos | ₹15,000 | ₹30,000 |
| Total | ₹75,000 |
Payment Methods Used:
- ₹35,000 – Debit Card
- ₹40,000 – Cash