I run a retail shop — how do I reconcile actual stock with what the POS system shows?

A retail shop needs regular stock counts (not just an annual one) to compare physical inventory against the book balance the POS system shows, so any gap — breakage, theft, recording errors — gets a reason attached and gets booked, rather than left hanging or ignored. Unexplained shrinkage distorts the accuracy of cost of goods sold, and that flows straight into the profit figure Corporate Tax is calculated on.

For VAT, any discount applied after the invoice was issued, or a customer return, needs a formal credit note that adjusts output tax — not just a quiet internal fix inside the POS with no matching tax effect. Shops giving instant discounts at the point of sale need to apply that discount to the taxable value before calculating the 5%, not after. RASEEKH connects your POS system to the accounting books so discrepancies get caught and corrected as they happen.