Negative cash check required while doing petty cash transactions


POS - Back Office - Transactions - Petty Cash

Negative cash check required while doing petty cash transactions. Need an option to restrict the operator from doing any transaction that leads to negative cash balance.

>> Also display previous ledger balance while doing entry in petty cash.

  • Sushil Agarwal
  • Nov 3 2015
  • Likely to implement
  • Attach files
  • Guest commented
    21 Oct, 2021 08:35am

    Kindly note that we require settings for Negative Cash Alert Method with drop down options of Warn / Stop in back office.

    Also in the POS the store petty cash, negative cash entry should not be allowed, it should give an alert if the payments is more than the receipts & opening balance.

  • Sushil Agarwal commented
    26 Apr, 2016 01:53pm

    since the store people are generally not very educated and focused more on sale, we come across many instances wherein they enter wrong amount while making petty cash entry (i.e. entered 500000/- as cash deposited in bank instead of 50000/- resulting in negative cash balance at store level and also resulting in reconciliation of Bank account as the store is showing 500000/- as bank deposit whereas bank showing 50000/-.

    If there will be negative check USER will not be able to make such inadvertent mistake.

    besides there will be another advantage - sometime store person makes manual bill due to system not running or otherwise but does not update the same in Software thinking it will be done later.

    For them to make cash deposit entry in system they would be forced to enter all manual bill in the POS so that cash in hand balance gets increased and then they shall be able to make cash deposit entry.

    similar will be the case for passing expense entry.

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