How to Set-up Cash Control in Odoo 13

Odoo POS

Odoo the open ERP software program is the ample, well-built software out there on the market for the administration of your enterprise. The easy to use interphase and the complicated enterprise operations damaged down into easy actions, Odoo gives a state of ease to the end-users, enabling them to work with none confusions and pressure. The Cash Control in odoo POS module is an possibility to arrange a gap and shutting steadiness on the PoS money field. This operate doesn’t require any additional add on modules or plug-ins as it’s a default one. This weblog illustrates the Cash management setup course of and an instance PoS session.

Configuration & Demonstration

Go to Point of Sale -> Configuration -> Point of Sale

Select the Point of sale to which money management ought to be assigned. Click ‘Edit’ and scroll down to attain the Payment part.

Click the ‘Edit’ button on the highest left of the window and tickmark the Cash Control possibility. Now choose the ‘Default Opening’ subject and click on ‘Create and Edit’.

Now a popup will seem just like the one above. Here assign the denomination of the Opening balance. I’ve set it at $600.00. Once accomplished, click on ‘Save’ and the opening balance will seem as $600.00. Also set the ‘Authorized Difference’, which is the distinction in money allowed between closing balance and opening balance.

With all set, go to Point of sale -> Dashboard and click on the ‘NEW SESSION’ button of the Point of sale to which the opening steadiness is assigned.

And in the newly appeared window click on the ‘OPEN SESSION’ button and a popup just like the one above will seem to affirm the opening balance.

After clicking ‘Confirm’, click on on the ‘START SESSION’ after which, ‘CONTINUE SELLING’. Now the purpose of sale interphase will seem.

Take order and click on ‘PAYMENT’, choose the ‘Payment Method’ Here my buyer has purchased for $109.00 and he gave $110.00. Enter this quantity in ‘Tendered’ and all the opposite fields will get stuffed mechanically. Click ‘Validate’ to validate the cost.

Once accomplished with the session, click on the ‘Close’ button and repeat the motion on the dashboard additionally.

Now on the newly appeared window click on on the ‘Cash In/Out’ smart button.

A popup will seem now and enter the ‘Reason’ for cash in/out. And additionally if taking out, enter the quantity as unfavourable and click on ‘TAKE MONEY IN/OUT’. Here, I’ve taken out $109.40.

After that, click on on ‘Set Closing Cash’ and a brand new popup will seem, there set the denominations of the closing balance. By default, the beforehand set opening balance values will seem. Set the denominations for the closing balance. If the ‘Expected in Cash’ and ‘Actual in Cash’ matches the ‘Difference’ might be proven as “0”. ‘Confirm’ and click on ‘END SESSION’. This closing balance might be carried over mechanically as the subsequent session’s opening balance and you may change it when beginning the subsequent session if wanted. With ‘Expected in Cash’ and ‘Actual in Cash’ equated, you possibly can proceed and click on ‘END OF SESSION’ and ‘VALIDATE CLOSING & POST ENTRIES’.