Some of the screens, themes and periods and tax percentages, for Point-of-Sales, is not in line with the rest of the documentation. 

The float allows you to enter and record any amounts paid into the cash drawer or out of the cash drawer. Should a cashier or salesperson receive a float to give change to customers, the float should be recorded when the float is entered in the cash drawer.

You may then continue to process Point-of-Sale Invoices. A soon as you receive and process payment from a customer, TurboCASH will display the change you hand to the customer. When the change is handed to the customer, you need to enter the change handed to the customer.

Float - Into the drawer


To enter a Float (Paid-in):

1.Click on the F8: Float icon. 

F8

2.The “Float movement” screen is displayed:

pos-float-into the drawer

3.Select the “Into the drawer” option. 

You may click on the Documents button to select a document for the payment.

You may also select the “Account” field, if you need to allocate the payment received to a specific account. If the “Account” field is selected, click on the icon on the right-hand side of the “Account” field to select an appropriate account on the Accounts lookup.

4.Enter the Reference, Amount and Description. 

5.Click on the OK button. 

This amount of the Float movement - (Into the Drawer) will be displayed on the Cash up report, and should be in balance with the physical cash float at the end of the shift, unless you had some previous paid-outs (paid out-of the drawer).


Float - Out of the drawer


To enter a Float (Paid-out):

1.As soon as you have taken any money out of the cash drawer, you need to click on the F8: Float icon. 

F8

2.The “Float movement” screen is displayed:

pos-float-out-of-the-drawer

3.Select the “Out of the drawer” option, if not already selected. 

You may click on the Documents button to select a document for the payment. 

You may also select the “Account” field, if you need to allocate the payment received to a specific account. 

If the Account field is selected, click on the icon on the right-hand side of the “Account” field to select an appropriate account on the Accounts lookup.

4.Enter the Reference, Amount and Description. 

5.Click on the OK button. 

If you have many petty cash payments, it is recommended that this paid-out facility not be used to replace the petty cash payments.

This amount of the Float movement - (Out of the drawer) will be displayed on the Cash up report, and will reduce any floats entered when you have started the shift.

It should be in balance with the physical cash float at the end of the shift. For any amounts taken or paid out-of the drawer, other than change handed to a customer, you need to have a slip or requisition to prove the nature and reason for the money taken out of the drawer.

If you do not have a slip, it may possibly indicate a shortage when cashed up.