Layaway sales are typed in the same way as regular sales except that they are not paid for in full. Layaways are not considered sales for the purposes of sales analysis, commissions or sales tax until the day they are picked up — even if you have received a large deposit. The day they are picked up they are counted as sales in full even if the final payment is small. While the merchandise is on layaway it is removed from the available-for-sale inventory quantity and is put in the on-layaway quantity. The day the layaway is finalized the on-layaway quantity is reduced. If the layaway is canceled, the quantity is removed from the on-layaway quantity and put back in the available-for-sale quantity.

Pending layaways are not charge account sales; technically the customer owes you nothing since you have the merchandise and their money.