Adjustments
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Adjustments are financial transactions that change the balance of cash in the cash drawer, but are not sales. Adjustments can increase the amount in the cash drawer or reduce the balance in the cash drawer.

Examples of Adjustments that increase the balance in cash drawer would include:-

  • Float paid into the till so that change could be given.
  • Customers paying money on their in store account.
  • Service Charges or Service Charges added to accounts.
Examples of Adjustments that would decrease the balance in the cash drawer include:-

  • Cash paid to suppliers out of till for stock purchases.
  • Cash taken by management for out of pocket expenses.
  • Customer Cash Outs from electronic payments. For example, the customer makes purchases for $20 and takes $50 in cash, and a total is billed on their bank account of $70
  • Safe drops cash in excess of what is needed to make change is removed from the cash drawer and placed in a safe to reduce the chance of robbery.
  • Staff Discounts. This is not recommended, but some retailers still handle Staff Discounts this way.
  • Wages paid out of the cash drawer.
  • Discounts.
All transactions involving money in the cash drawer need to be recorded so that proper balancing procedures can be followed. An adjustment type needs to be set up for each such transaction type so that these can be recorded at the POS when the transaction takes place.

Adjustments are maintained on the Edit Menu of SELLmatix Control. Further information is available about:-

Selecting/Editing Records

Editing Adjustments

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