PLEASE NOTE:
The majority of the contents in this guide apply to both StudioPlus Spectra AND myStratus Desktop.
In most cases, instructions referring to "Spectra" also apply to myStratus Desktop.
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Home > Accounting > Cash Reconciliation
Cash Reconciliation

The Cash Reconciliation form simplifies the process of counting cash in the Cash Drawer at the beginning or end of day.

To set up Cash Drawer Balance:

  • Go to Maintenance > Preferences > Company Preferences > Accounting (tab) > Default Cash Drawer Balance (This is the amount your Cash Drawer starts with each day)


Cash Drawer Reconciliation (Calculator)

  • This is only meant as a calculator to check the Cash Drawer Balance (traditionally used at the start of day)

  • Go to Tools > Accounting Link > Cash Drawer Reconciliation


Cash Reconciliation in End of Day Wizard
  • Go to Tools > End of Day Wizard > Cash Deposits Page > Reconcile Cash Drawer


Step 1: Amount in Cash Drawer at beginning of day is defaulted to what is set up in Company Preferences.
Step 2. Enter the amount that you wish to leave in the cash drawer after your bank deposit, which is typically the same amount entered into Step 1.
Step 3: Enter in quantity of each unit of money in drawer – the tool will multiply It out for you—just like a calculator.
  • Total Cash/Coin on hand = starting amount plus what is in Cash Drawer
  • Total payments in Stratus = total cash payments taken for the day
  • Cash Discrepancy = unaccounted for money. ( ) means the amount of cash unaccounted for and positive indicates extra money in the register.

Press OK → Any Cash Discrepancy is added to deposit total.



See also
Accounting Overview
Setting up the Accounting Link - NEW to 2021 - QuickBooks Online
Using the Accounting Link
End of Day Wizard
FAQ - Unlocking Posted Invoices
FAQ - Reconciling with QuickBooks Desktop


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