Step 5: Review the Receipt and Recordkeeping
Once you save the transaction, your receipt will display the correct full price, tax, and payment breakdown.
The receipt will show the phone’s total price as $1,200.
The customer will see a $1,200 item price, the correct sales tax amount, and a clear split of who paid what:
-
Customer payment (e.g., $100 via cash/card)
-
Instant Rebate (e.g., $1,100 or $1,207) as a separate payment method
This ensures your sales, cost, and tax records are accurate, and the master dealer’s instant rebate is properly documented in your POS.