I understand that Manager is a “perpetual” accounting software.
Im not sure how we should correctly record Cash in the Till, at the moment I have the tab Cash Acount enabled, and using that. My question is also, at the begining of a new accounting period the updated Cash in Till is recorded, however that then changes the amount that should appear in the balance sheet of the preceeding accounting period. ie, if cash in till is,say,$500.00 at the end of the financial year then that is recorded.At the end of the next financial year the balance in the Cash in Till is say,$610.00 if one then wants to revisit the previous year the Cash in till shows $610.00 not $500.00 (sorry hope this makes sense)
I have tried to find info about this in the guides and also seached this forum.
Thoughts would be appreciated.