During Cash Tray Reconciliation you will enter "New Starting Balance".
This is the money held out from the deposit, to be used for making change the next day.
The amount you key into New Starting Balance during Cash Tray Reconciliation is credited to your Cash Account and debited from your Cash in Trays (Petty Cash) Account.
If you need to start the day with more money in the tray on weekends or other busy days just enter the new amount into "New Starting Balance" when reconciling the night before.
Example:
Most days you start with 100.00 in change and small bills in each tray. On Saturday you wish to start the day with 150.00. When you reconcile Friday night just key 150.00 into "New Starting Balance". This will credit your Cash Account and debit your Petty Cash Account.
What do I do the first day? -The first day you set up and use a new cash tray you will start with some "seed money" that will be used to make change. You can edit the amount in Cash Tray Setup, but you have to edit it before you launch Ticket Entry.
If that is not possible, just enter the desired beginning balance when you reconcile at the end of the day into the "New Starting Balance" field. If you have a host accounting system, this amount will be credited to the "Cash Tray Offage Account" and debited to the "Cash in Tray" account you have set up on the >Transactions >Post Transactions to.. [Accounts] TAB. After posting you should do a journal entry in host accounting system General Ledger that will debit the offage account and credit the account that the seed money came from, typically your checking account.
