Overview

Zero out the Cashbox balance on the year-end date so balances roll forward cleanly.

Steps

  1. In Change Funds - Cashbox, print a Detailed Transaction Report and note the running total on the date you will roll over.
  2. Record Cash Out for that amount to your Cash Advance category with reason “Zero out Cashbox for Year-End Rollover.”
  3. In Ledger Inquire, insert a Credit Memo dated the same day to Cash Advance for the same amount; save.

Note: The credit memo will not appear on a bank statement. You will clear it against a matching debit memo after rollover.