Daily Closing

Cash closings are performed at the end of the day, i.e. after the last sale, per cash drawer (or per cashier). They are used to record and post differences in the cash balance. The process of closing the cash register is currently as follows:

  1. open the Cash closing card
  2. execute the New action to create a new cash closure
  3. fill in mandatory fields (Cash and Cash drawer)
  4. action withdraw to make a cash withdrawal
  5. execute action calculate cash balance.
  6. count and enter cash balance (drill down in counted field)
  7. check deviation, recount if necessary
  8. post cash balance
  9. print, sign and archive the posted cash balance statement

Count cash balance

For each payment form, it is possible to specify in the setup whether it must be counted at cash closing. If Count at cash closing is not enabled for a payment form, no counted amount can be stored and no counting difference will be posted.

If a denomination has been deposited on the payment form, the counted amount must also be deposited in denominations. To do this, activate the drilldown in the counted field.

If no denomination is used, the counted amount will be entered in the counted field.

Post daily closing

If the counted values are correct, the cash closure must be posted with the menu ribbon action Post cash closure.

To do this, activate the action Book cash closure in the menu bar.

Note

With the posting of the cash closing, cash items are created that zero the balance of all payment methods.

Also, the born cash closing with which the cash item was closed is saved to the cash item.

After the cash closure is posted, it is moved to the overview of cash closures. This page can be opened using the search.

Checking the general ledger and Point of sale entries

On the Cash closing and Posted cash closing card, the Drilldowns can be used to check which cash items were used in this cash closing.

If there is a discrepancy or counting difference, it will be automatically posted from the cash account against the *_G/L Account for Count Differences account of the payment method.