Although it is not advisable to use the Till as a petty cash float (expense orders should actually be created, or a separate petty cash float kept), from time to time incidentals (window cleaning for example) may be paid from the Till. To make record keeping more straightforward, Jim2 allows writing a cheque from unbanked funds. This is only allowed for payment types that are set up to Allow Negatives.
Hyperlinked fields
The following Items fields provide hyperlink access to view associated information. Hovering the cursor over the wording to the left of the field will display the label name in blue if it is hyperlinked. Click on the label and choose the option to view. Card Code – will open the cardfile of the code entered here.
Unbanked Funds cannot be selected until a Payment By that allows negatives is selected.
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Make sure the above method is used to record all cash payments made out of the Till so the Till will balance. The negative amounts must be included in the Till Reconciliation so the correct amount is actually being banked. The bank account can then be easily reconciled. |
Further information
Other Cheque Book Transactions
Dealing with Dishonoured Cheques