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Andrea

I have points of sale, and when withdrawals are made from the point of sale, the money withdrawn from the system is sent to a temporary account. From that money, I transfer it to a general cash register. To record this information, which is correct:


Option 1: Simply make an entry in the journal to which the general cash register will be sent and mark it as an internal transfer.

Option 2: It is necessary to make the same entry entry in the journal but reconcile it with the cash withdrawal.


I am a little confused about how to correctly trace the money once it is withdrawn from the cash register to deposit it in the main cash register and, at the same time, record the bank deposits. Could you please help me?

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Cybrosys Techno Solutions Pvt.Ltd
Best Answer

Hi,


When withdrawing money from a POS in Odoo, the funds initially go to a temporary account. To move them to the main cash register, you can either record an internal transfer only or also reconcile it with the original POS withdrawal.


Creating just an internal transfer (Option 1) is simple and tracks the cash movement but does not reconcile it with the POS withdrawal. Reconciling the transfer with the POS withdrawal (Option 2) provides a complete audit trail, showing that the withdrawn money has been properly settled in the main cash register.


The recommended approach is Option 2 for full traceability: reconcile the POS withdrawal with the transfer to the main cash register, and later record bank deposits as separate journal entries. This ensures accurate tracking and auditing of cash flow throughout the process.



Hope it helps

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Andrea
Autor Best Answer 
Thank you so much

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