Hi everyone I'm in need of help please. I have a cafe and I take Eftpos and cash sales. What I am trying to work out is how do I enter my daily takings into MYOB and how do I enter what I actually bank.
For example, say that I take $1000 which is made up of $500 eftpos and $500 cash, the eftpos is credited to my account but I only bank $200 cash and the balance of $300 I keep and pay suppliers in cash. Basically I want to know where do I enter the actual takings of $1000 and how do I show that I only banked $700 and left $300 in cash to pay suppliers.
The actual takings would be different to what is in the bank.
Hope this makes sense, any help would be much appreciated.