How was the initial sale recorded? You must have an invoice or sales receipt of some sort from when you received the money. You can find that transaction and do...
What I do is select Sales History from the POS main menu. Select "Yesterday" and click on the "Total" column to sort by total sale. You can then see the negativ...
You could set up a current liability account for tips collected. It will basically be a clearing account for the tips. When you pay out the tips from your cash ...
Set up an item to sell called "Deposit from Customer" and code it to go to a liability account "Customer Deposits". You then record the sale in September with t...
The balance of your investment account will show on your Balance Sheet, not on the P&L statement.If you are looking at your Balance Sheet and the amount is wron...