X Tape is a very important report that is printed and referred to on a daily basis. The report summarizes sales, refunds, and other till operations on the POS. More importantly this report helps you to reconcile cash and other payment types transacted on the POS.
X Tape report can be generated at any time during the shift and gives the current status of the cash drawer.
An X Tape report is a summary report of the POS till activities so far. It contains information like Opening amount, Cash-Ins, Cash-Outs, Sales, Refunds, and a breakup of the collections by different payment types like Credit Card, Gift Cards, etc.
The report can be generated at any time during the day and doing so does not close the register for the day.
X Tape in Tagrain can be generated by clicking on the X Tape button on the POS Web Register.
The report is very detailed and intuitive and in addition to other information displays the Date / time when the report was generated, date / time since when this POS Web Register is Open, the user who is generating the report, the opening amount in the drawer, Cash-Ins, Cash-Outs, Expenses and the Expected amount of Cash in the drawer. For easy reference, the report also mentions the formula that calculates the Expected Cash in the drawer.
Expected Cash in the Drawer = Opening Amount + CashIn - CashOut - Expenses + Cash Sales - Cash Refunds Similarly, Transaction Total = Sales + Gift Card Sales - Refunds
The report goes on to mention the total number of All the transactions, total sales transactions and total number of refund transactions.
The grid lists the amount collected for every Payment Type defined in the application.