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Subject Author Date
Recording Sales Daniel.Peaper@gmail.com 09-09-2007
Posted by Daniel.Peaper@gmail.com on September 9, 2007, 9:17 am
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Hi All,

We are using Quickbooks (Trying to use!) to run our restaurant
business here in Australia. As I've never done this before can anyone
advise the best way to record day to day sales through the till. Do
you setup a generic customer called patrons and record takings daily/
weekly or monthly. Any tips would be greatfully received.

Thanks in advance
Danny


Posted by Bob Williams on September 9, 2007, 10:30 am
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On Sun, 09 Sep 2007 13:17:42 -0000, "Daniel.Peaper@gmail.com"

>Hi All,
>
>We are using Quickbooks (Trying to use!) to run our restaurant
>business here in Australia. As I've never done this before can anyone
>advise the best way to record day to day sales through the till. Do
>you setup a generic customer called patrons and record takings daily/
>weekly or monthly. Any tips would be greatfully received.
>
>Thanks in advance
>Danny

Danny

Are you using the QuickBooks Retail/POS software as well as
QuickBooks?

You probably could do with some advice from one of the many
accredited Quicken consultants in your area. Try www.quicken.com.au
and look for the support tab. Find a trainer or a consultant I think
will find someone near you.

They will charge for their time, but you should get some idea of how
much when you tell them more about your business.

Setting up a restaurant business *blind* especially with POS can cause
you more grief than if you spend a little bit now to get some support.

I can help you find someone if you wish to contact me at
bobatosmondridgedotcomdotau - replace the at and the dots with the
appropriate characters.

Bob Williams

Posted by HeyBub on September 9, 2007, 11:47 am
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Daniel.Peaper@gmail.com wrote:
> Hi All,
>
> We are using Quickbooks (Trying to use!) to run our restaurant
> business here in Australia. As I've never done this before can anyone
> advise the best way to record day to day sales through the till. Do
> you setup a generic customer called patrons and record takings daily/
> weekly or monthly. Any tips would be greatfully received.

A basic general ledger system can take note of "books of original entry." In
ye olden shopkeeper days, sales were tallied in a journal. At the end of a
period (day, week, month), the totals from the journal were copied into the
ledger.

The main purpose of this technique was to avoid cluttering the ledger with
minutia.

Same principle here. You may take a Z-tape reading from your cash register
and enter the applicable totals into QB as (QB) journal entries. [That's one
way to do it]

I STRONGLY recommend you take a Bookkeeping 101 course at your local
adult-learning center.



Posted by Allan Martin on September 9, 2007, 1:28 pm
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> Daniel.Peaper@gmail.com wrote:
>> Hi All,
>>
>> We are using Quickbooks (Trying to use!) to run our restaurant
>> business here in Australia. As I've never done this before can anyone
>> advise the best way to record day to day sales through the till. Do
>> you setup a generic customer called patrons and record takings daily/
>> weekly or monthly. Any tips would be greatfully received.
>
> A basic general ledger system can take note of "books of original entry."
> In ye olden shopkeeper days, sales were tallied in a journal. At the end
> of a period (day, week, month), the totals from the journal were copied
> into the ledger.
>
> The main purpose of this technique was to avoid cluttering the ledger with
> minutia.
>
> Same principle here. You may take a Z-tape reading from your cash register
> and enter the applicable totals into QB as (QB) journal entries. [That's
> one way to do it]
>
> I STRONGLY recommend you take a Bookkeeping 101 course at your local
> adult-learning center.

I agree 100%. Since being in the restaurant business only involves working
15 hour days 7 days a week you should have plenty of time to go to school to
take a bookkeeping course. Or maybe engage your accountant for a few hours
to help you set up the records.




>
>



Posted by David Smith on September 10, 2007, 10:36 am
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> Hi All,
>
> We are using Quickbooks (Trying to use!) to run our restaurant
> business here in Australia. As I've never done this before can anyone
> advise the best way to record day to day sales through the till. Do
> you setup a generic customer called patrons and record takings daily/
> weekly or monthly. Any tips would be greatfully received.
>
> Thanks in advance
> Danny

Talk with your accountant/bookkeeper. What you need is a daily cash recap
sheet summarizing sales, taxes, methods of payment, cash paid outs etc...
which will form the basis for a daily sales journal entry into QuickBooks.

Later...


David S>



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