Unreconciled sales close offs

If there is a variation between the amounts held and the computer record, the difference is transferred to the debtor's account, as specified against the payment type. Finance staff need to create a debtor charge to record any profit or write off a cash loss.

For example, if you should have $1,011 cash but actually have $1,005, the $6 difference is reflected in the cash sale debtor account. Finance staff will create a debtor charge to write off the $6.

If the amount of a cheque is wrong:

Clear the Reconciled field against the cheque, otherwise the bank deposit will be wrong.
Let the Finance staff know. They need to receipt the cheque manually.

Last modified: 4/10/2012 12:05:44 PM