Account type: Cash

Account type Cash marks a GL account as physical money in a drawer or safe. The Cash mode of payment maps to it, the POS Profile uses it for cash takings, and Payment Entries list it alongside bank accounts as Paid To or Paid From. Unlike a Bank type account it is never reconciled against a statement; the control is the physical count in the POS Closing Entry or Cashier Closing. Keep one Cash account per till or branch so each count matches one ledger. The demo has Cash - YFF under Cash and cash equivalents. Petty cash paid out should leave it by Payment Entry or Journal Entry, not by a note in a drawer.

Cash balance = Opening + Cash receipts - Cash payments; should equal the counted cash

1. 01Go to Accounts Setup > Chart of Accounts and open Cash - YFF under Cash and cash equivalents.
2. 02Confirm Account Type is Cash; add a second account for another till if needed.
3. 03Go to Invoicing > Mode of Payment, open Cash and check it maps to this account.
4. 04Make a cash POS sale and close the shift; the consolidated invoice posts the entry below.
5. 05Open the account's ledger and compare the balance with the counted cash.

Set on Cash - YFF; keep one per branch or till.

Cash - YFF receives a Rs 1,130 POS sale paid in notes.