π Congratulations! Youβve completed all the setup. Now letβs record your first sale and see how OpenBook handles the complete accounting flow.Documentation Index
Fetch the complete documentation index at: https://docs.openbook.to/llms.txt
Use this file to discover all available pages before exploring further.
What Happens in a Sale
When a customer buys a Cappuccino for $5.00 (with 12% tax):Recording a Sale
Select Products
Tap products from the menu to add them to the cart:
- 2Γ Cappuccino @ $5.00
- 1Γ Croissant @ $3.50
Select Payment Method
Choose how the customer paid:
- Cash
- Card
- Mobile payment
- Split payment (multiple methods)
The Complete Accounting Trail
1. Transaction Record
| Field | Value |
|---|---|
| Transaction # | TXN-20250106-0001 |
| Type | SALE |
| Date | 2025-01-06 |
| Total | $15.12 |
| Description | POS Sale #RCP-20250106-0001 |
2. Ledger Entries (Double-Entry)
| Account | Debit | Credit |
|---|---|---|
| Cash on Hand | $15.12 | |
| Sales Revenue | $13.50 | |
| Sales Tax Payable | $1.62 | |
| Cost of Goods Sold | $1.76 | |
| Inventory - Coffee Beans | $0.86 | |
| Inventory - Milk | $0.60 | |
| Inventory - Cups | $0.22 | |
| Inventory - Lids | $0.10 |
Debits = Credits: 16.90 β
3. Stock Movements
| Resource | Change | New Balance |
|---|---|---|
| Coffee Beans | -36g | 4,964g |
| Whole Milk | -300ml | 19,700ml |
| Paper Cup (Small) | -2 | 198 pcs |
| Plastic Lid | -2 | 398 pcs |
For Token Holders: Verification
As a token holder, you can verify:Revenue Accuracy
Revenue Accuracy
- Total sales match receipt count
- Tax collected matches tax rate Γ sales
- No unexplained discounts
Inventory Integrity
Inventory Integrity
- Stock movements match sales volume
- COGS aligns with product recipes
- Waste/adjustment movements are documented
Cash Reconciliation
Cash Reconciliation
- Cash account balance matches physical count
- Deposits to bank are recorded
- Timing differences are explained
Whatβs Next?
Youβve successfully:- β Registered your DAO
- β Set up your business structure
- β Added inventory
- β Created products and recipes
- β Recorded your first sale
Daily Operations
Learn about end-of-day reports, shift management, and more
Financial Reports
Generate Trial Balance, P&L, and transparency dashboards
