Data Pump >Setup >Posting Setup >Cash Tray Reconciliations
If you have a host accounting system that you post transactions into but you do not post Cash Tray Reconciliations you will need to manually clear the Acme Payment Clearing Account in your accounting system General Ledger.
Payments taken in Acme debit Payment Clearing. Likewise, refunds credit payment clearing. If you reconcile Cash Trays Acme send GL journal entries to take the money from Payment Clearing and move it to the other accounts shown above.
Run the Acme Sales Report.
•Set the option grid to "Sum Change with Cash Receipts" so you don't have to subtract change given out from cash taken in.
•Use whatever date range necessary.
•Print the report and review the Receipts Section. If necessary summarize receipts by Payment Type.
Credit Payment Clearing and Debit the appropriate GL accounts by Payment type. These usually include:
•Bank Account. For cash and checks, maybe credit cards.
•Credit Card Receivable Account, if not included in above. (deposits from CC processor vs card payments taken)
•Gift Certificate and or Gift Card Liability Accounts.
•Manufacturer Coupons Receivables Account.
•Cash over / short.
Related Topics
Full Transaction Cycle in GL - House Charge (invoice) followed by Received on Account (payment).
