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POS Charge Collection

POS Charge Collection lists card and other charge payments taken at the POS. Use it to record when each one is settled and deposited by the bank.

Menu: POS › POS Charge Collection

POS Charge Collection toolbar

How to record a deposit​

Required permission
POS › POS Charge Collection › Transfer
  1. Filter by Trans. Date (or transfer date) and click Search.
  2. Tick the payments that have been deposited.
  3. Click Deposit ▾ in the toolbar.
  4. Set the Date, choose the Bank account and add Remarks if needed, then click Deposit and confirm. The list shows them as Deposit Date and Actual Deposit Bank.

The list shows each payment's Card No., Approval Code, OR Number and Customer Name.

How to undo a deposit​

Required permission
POS › POS Charge Collection › Untransfer

Tick the payments and click Revert.

Example​

On 2 June the POS terminals took 38 credit card payments totalling 62,300.00. When the bank credits the settlement to the BDO account on 4 June, search the POS charge collections of 2 June, tick them and record the deposit with the date 4 June and the BDO account. The card sales are then settled, and the deposit shows in the account's movements in the Bank Transaction Report.

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