Skip to Content
Menú
This question has been flagged
4078 Vistes

Hi, I am confused about the post POS activity. Can you guys please help me out what to do after closing a POS session. It asks to Validate closing and Post Entries and after I press the validate closing button, it shows (for example);

  • Product Sales (CR) 100$
  • Debtors (DR) 100$

My questions are...

  1. Is this the correct way of posting and closing a POS Session? 
  2. How this Debtors thing will affect my accounts/Balance Sheet?
  3. What is the proper way of transfering the POS amount for a particular day to the Bank account?

Please guide me about the proper way of posting entries after closing a POS session. Our regular practice is that we transfer the cash collected from the POS to the Bank account at the same day after closing the retail store.

Avatar
Descartar
Related Posts Respostes Vistes Activitat
1
de març 17
9392
3
de set. 24
13032
1
de jul. 19
4378
1
de juny 16
4599
0
de juny 16
3828