Forum Discussion

Sadeta21's avatar
Sadeta21
Contributing User
3 years ago
Solved

cash out via eft

Customer was given cash out $100 from eftpos 25/08/2021 not sure how to record this as I need to reimburse the cash float. I have recorded it under undeposited funds to match up with EFT Settlement, ...
  • Beansmutts's avatar
    Beansmutts
    3 years ago

    Hi Sedeta21

    Receive Payment into Undeposited $Sale Value

    Receive Money into undeposited of $100.00 expense is Petty Cash (or Cash Float)

    Prepare Bank deposit into Bank for total of EFTOS

    Your Petty Cash (Cash Float) will show the $100.00 being spent(deducted)

     

    Hope this make sense.

    Gillion

Beansmutts's avatar
Beansmutts
Partner
3 years ago

Hi Sedeta21

Receive Payment into Undeposited $Sale Value

Receive Money into undeposited of $100.00 expense is Petty Cash (or Cash Float)

Prepare Bank deposit into Bank for total of EFTOS

Your Petty Cash (Cash Float) will show the $100.00 being spent(deducted)

 

Hope this make sense.

Gillion

  • Sadeta21's avatar
    Sadeta21
    Contributing User
    3 years ago

    When I go into receive money its says i should be using receive payments instead, this is doing my head in grrr

    • Beansmutts's avatar
      Beansmutts
      Partner
      3 years ago

      Hi 

      That is just a "Question" from the system, to say the Payor you entered is a customer and are you sure this transaction isn't for a sale.  You can just select OK.

      You should also make sure the Memo (the one under Payment Method at the top) indicates that this is the monies paid out to this customer.

      Gill

      • Sadeta21's avatar
        Sadeta21
        Contributing User
        3 years ago

        But doing this wont match up with EFT Settlement, sorry if i sound dumb - just worried about end of month..