Day Closing

Day Closing document records the closing balances of the store for the day and closes the cash balances.

Store should perform the day closing, if the same is configured as mandatory in B1Bazaar setup. If the day closing is mandatory, and not performed, than the transactions are not allowed on the following day, until the day closing is performed.

Day closing displays various cash balances for the day, which can be verified and closing balance is calculated as per the same.

You need to confirm the closing balance by specifying the details of the currency notes/coins available in the store.

After the day closing, a summary report of the days' sales and collection can be generated and sent to respective store's manager or supervisor, automatically or manually.

No. Document number.

Document Date The document date of the document, used for tax purposes. The default value is the current date.

Store Specify the store of the day closing. You can setup the code to be generated automatically also.

Opening Balance Displays the opening balance of the store and petty cash.

Add: Collections Displays the amount of cash collection.

Add: Cash Receipts Displays the amount of cash collected - other than sales.

Less: Expenses Displays the amount of cash paid for expenses from the petty cash.

Less: Deposits Displays the amount of cash deposited to the bank from the store cash.

Less: Cash Payments Displays the amount of cash payments done.

Less: Cash Returns Displays the amount of cash returned to the customers.

Net Balance Displays the closing balance of the store and petty cash.

Actual Amount Displays the total of the amount entered.

Variance Displays the amount of variance, if any between the net balance and the actual amount entered by you.

No. Of Footfalls Specify the number of the footfalls in the store, during the day.

Code / Particulars / Picture Displays the code and details of the currency note or coin.

Nos. Specify the number of notes/coins of each denomination which is available. Amount Displays the amount for each row.

Currency Displays the currency symbol. Amount Specify the amount being held in the foreign currency (per row). Rate Displays the current exchange rate of the currency. Value Displays the amount in the local store currency (per row).