I know that this issue has been discussed in the past, however I would like to see if there is any alternative.
We have receivables from our customers which are paid through card payment (eCommerce platform - through an e-shop).
For example, the price of the item purchased is 100.
But, there are bank charges due to the use of card, let’s say the amount of 1.
So, in the bank account statement, there is a credit of 99.
As I checked within the forum, the solution is to have:
a receipt of 100 (to clear the receivable from the customer as the respective invoice) and
a payment of 1 to have the result of the final credit (100-1=99)
Considering that the amount depicted in the bank account statement is only the final credit (99) and not both (credit 100 & debit 1), is there any perspective to integrate these entries in the receipt form?
I believe that it would be helpful especially when we have a large number of receipts.
Thank you!
Thank you. In principle this meets my requirement.
However, I believe that in case this receipt is prepared to be submitted/sent to the customer it would be better to have only the amount invoiced to him/her (e.g. 100), not any bank charges (charged to our entity) (e.g. -1 = 99).
Maybe an option to have bank charges separately (for example, as the bank account) not to be depicted (printed) in the final document would be helpful.
Where I have to send off the receipt I email/post it first then add the fees.
All other receipts are through my POS (Square) terminal which is then put in to Manager at the end of the day.
This is a formula to satisfy our needs. However, I do not believe that it is right to send a receipt and after that to edit the respective entry. Of course in our case it is not something serious, but in general it is not aligned to the applicable accounting policies (in my opinion).
@Evans, I tjink you do not realize that whoever uses a separate POS as @VACUUMDOG inidicated (Square POS) that these are part of the drill down that Manager can not provide. As such all transactions via the POS are legal and auditable as well as the summaries put in Manager. We also do this and works like a charm and never raises questions with auditors nor tax officers.
My query derives from the fact I am an auditor!
Nevertheless, it is not that I do not realise what Manager provides; I just tried to expose a situation and find a solution which I believe thay may satisfy the other users.
If the way indicated above is what the majority of users adopt, I will try to follow that too.
