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• # 113895
• Mon 03 Oct 2016 10:20 AM

Hi there

Please can you advise me on the best way to record cash payments to supplier which is taken out of the sales/cash takings from the till, i.e. sales need to be recorded in full but also the amount banked will be minus the purchase taken out of the till and the purchase needs to be logged.  I am using sage.  Thanks

• Julie

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• # 113898
• Mon 03 Oct 2016 01:12 PM

Hi Julie,

I assume that when you post the sales you 'deposit' the cash etc into the bank nominal code in Sage called Cash Register.

You can then do either of two things:

Option 1. Post supplier invoice to supplier account and make payment of it from 'cash register'

Or

Option 2. Post a direct payment from 'cash register' to whatever purchase code is relevant.

My preferred method would be Option 1 as it is more transparent in the accounts.

Marilyn

• A clever person solves a problem.

  A wise person avoids it.

  Albert Enstein

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