Reconcile Cash Closing Balances

This is a start-up utility to setup the initial cash and deposit values used by the Cash Balancing option that is provided as part of Daily Close 1.
This Cash Over/Short feature can be activated from the Company Daily Close Parameters and then this utility can be used to capture the beginning balances for any "Cash On Hand" (i.e. cash drawer amounts) and the total deposits currently being held.

DIVISION OR ALL

If the DBR's (Daily Business Reports) are not posted by division, totals may be entered together on one screen for only the "ALL" division category.
If DBR's are posted individually by division, enter the startup amounts for each division or store, on separate screens.

Note: The Post DBR by Division feature can be activated from the Company Daily Close Parameters.

STARTING CASH DRAWER AMOUNTS

All current payments methods are displayed as setup in Method Of Payment Codes.
In Change mode, under the Ending Cash column, enter the current cash 'On Hand' amount for all method of payments that will need to be balanced.

Note: Any payment methods that are to be updated in the Cash Over/Short process, must also be flagged in the Balance field of Method Of Payment Codes.

TOTAL CURRENT DEPOSITS BEING HELD

The record for method "DEP" at the bottom of the payment list, is NOT actually a method of payment.
It represents the startup amount of total deposits currently held.

To determine the start-up values, the Customers' Deposits Held G/L accounts can be identified from Default Accounts for each currency.
Then use G/L Inquiry By Account to find the current posted balances for these accounts.
Although the balances are displayed as Credits in the G/L inquiry for these liability accounts, enter the sum of these account balances in the Current Deposit column as positive.

FIRST DAILY CLOSE TO BE BALANCED

To set the Daily Closed starting point, enter the last DBR# run and accepted from Daily Close 1 in the Last DBR/Batch column for method "DEP".