Thanks for providing in-depth details about your concern, @britannia0305-ou. I'm here to share the updated process to record your daily QuickBooks Online (QBO) sales.
To report daily sales in QuickBooks without invoicing customers, you can follow these steps:
Go to Customers.
Select New customer and enter "Daily Sales" in the Customer display name field.
Set up accounts in the Chart of Accounts and create a "Daily Sales" account with a $0 balance as a clearing account.
Set up items in the Products & Services List, including creating a bundle for daily sales items.
Obtain your daily sales totals from your point of sale system, including sales, sales tax, tips, gift cards, and amounts collected.
Enter a Sales Receipt in QuickBooks Online, specifying the customer, date of sale, payment method, and "Deposit to" account.
Select the "Daily Sales-Bundle" from the Product/Service list to automatically populate all daily sales items.
Enter the corresponding amounts for total sales income, sales tax, tips payable, gift cards sold or redeemed, cash received, and checks received.
By following these steps, you can efficiently record your daily sales in QuickBooks Online without invoicing customers.