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@Pasteltrainer

Sage 50C POS additional information on reconciling CB's used specifically for POS

Posted By

Good morning all, 

I am looking for any

  • documentation
  • blogs
  • articles
  • videos

that can expand further and give additional steps that follow on from the point of creating a cash book specifically for use in the Cash / EFT / Card Point Of Sale integration setup.

(This is mentioned as best practice in some answers found here in Sage City, but it does not expand on this, for users.)

In particular, in relation to using the Bank Manager, after the bank statement is downloaded and open in front of a person.

Lets use the EFT's as an example...

  • What account is used when one sees a EFT appear on the normal bank statement
  • How to reconcile this new EFT cash book and what entries do we need to put to this account to make it balance.

If there is no information, can someone please sit down and write out the steps in an article for users.

Thank you very much

Bev Allen

  • 0

    Good day Bev,

    Please clarify where the Cash / EFT / Card Point Of Sale integration setup is. Is it in Pastel Accounting or Point of Sale?

    Normally EFT transactions are transactions that a customer pays directly into your account, for example via Internet Banking. If the transaction is from a customer, you would allocate it to the customer's account.

    The question about reconciling is also not clear. As far as reconciliation goes, it is done the same way as any other cashbooks based on the bank statement. Could you please provide further information on this in order to advise your accordingly.

    Regards,

  • 0 in reply to Mapule

    Thank you for the reply.

    The integration I refer to is the setup found in the POS programme, and not Sage 50C Pastel.

    This refers to the payment types being allocated to a specific cash book. And requiring further steps to the discussion below.

    https://www.sagecity.com/za/sage-pastel-accounting-south-africa/f/sage-pastel-partner-advantage-south-africa-general-discussion/135112/point-of-sale

    According to Joanne, its a good idea to create different cash books for each payment type and link these to the matching payment type in POS setup.

    From here, there should be a step-by-step to reconciling these POS "cash books" in Sage 50C Pastel/Xpress itself. From the point that a EFT appears on a customers bank statement.

    Thanks, 

*Community Hub is the new name for Sage City