Retail
Buy Online, Pick Up In Store (BOPIS)
Customer orders online and pays upfront; revenue is recognized when they collect in store.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash / Online Payment Gateway | Asset (+) | 116.00 | - |
| Deferred Revenue (BOPIS — Awaiting Pickup) | Liability (+) | - | 116.00 |
💡 Accountant's Note
Payment is collected online but the item has not yet been handed over. Revenue is deferred until the customer collects. If not collected within the policy window, the deferred amount is released to revenue.
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