In your Point of Sale company preferences, you can choose whether to send summarized or detailed item information to QuickBooks on receipts and vouchers. The choice depends on the level of detail you want in your financial software regarding your Point of Sale activities.
By default, these documents are sent to QuickBooks in the summarized format. This streamlines Financial Exchange and presents data in a concise format in QuickBooks. In most cases, sending summarized data is the most efficient way to transfer data. However, you may wish to send detailed documents to your financial software if you need or want:
Different format that handles data sent to QuickBooks:
Detailed item information applies only to sales receipts and to documents created from vouchers. If you select to send detailed data to QuickBooks, documents such as adjustment memos will still be sent in a consolidated format. Likewise, General Journal transactions for vouchers will not show individual items.
Note: Point of sale creates an inactive, non-inventory item in QuickBooks for each item sold or received after running a financial exchange. These items are created only once and are tracked in Point of Sale. These are made inactive so it does not show in the default QuickBooks list view and meant to be used solely for the purpose of detailed Financial exchange, not for other purposes or to be edited in QuickBooks.
To specify detailed or summarized information for Financial Exchange: