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greenwoodinn-out
Level 1

How do i account for receipts paid for in cash from my till on my daily sales reports

 
1 REPLY 1
RCV
QuickBooks Team
QuickBooks Team

How do i account for receipts paid for in cash from my till on my daily sales reports

I've got you covered on recording the receipts paid for in cash in QuickBooks Online (QBO), greenwoodinn-out.

 

We can enter the transaction as a single sales receipt and report it to the total daily sales in QBO. Then, let's make sure your Daily Sales accounts are set up to have accurate income reporting. Here's how:

 

  1. Go to the Gear icon on the top menu and select Chart of accounts.
  2. Tap New.
  3. Set up these accounts: Daily Sales Income, Clearing account, and Overage and Underage Expense.
  4. Press Save and close or Save and new.

 

Once done, proceed to Step 3 until you finish the process of recording the total daily sales: Record your total daily sales in QuickBooks Online. After that, we can run a report and filter them to show the information you need. You can check out this article for your referenceCustomise Reports in QuickBooks Online.

 

Fill me in if you have any other concerns with your daily sales or any sales transaction-related concerns. We're always right here to get the help you need. You have a good one. 

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