Hi,
i run a beauty salon and obviously take payment at time of service, how would i record end of week takings in solar accounts?
i currently just record the value of cash, cheque and credit card taken for the whole week. I do not need a breakdown of whom it has come from as i have a salon package that does this for me.
Help!
regards
lesley-jane
Hi Lesley-Jane,
You only need to record two transactions at the end of each week:
1. A Money Received transaction for the total credit card payments, deposited into the Cheque Account
2. A Money Received transaction for the total cash and cheque payments, deposited into the Money To Be Banked account. When you bank this money, record a separate bank deposit as described here:
http://www.solaraccounts.co.uk/help/how-to-record-a-bank-deposit.php
For both Money Received transactions you can just set the Received From name to 'Unknown Customer'.
Cheers,
