Paid Out/In Window

From FloristWiki

In the Paid Out/In window, you enter transactions that require you to take money out of and put money into the cash drawer that are not from sales. For example, you may have to use money from the drawer to buy fuel for a delivery truck.

U.S. Shops

For shops configured as U.S., the window contains the following settings:

Setting	Description
Login Name	Enter your FTD Mercury login name.
Password	Enter your FTD Mercury password. Asterisks (*****) appear to protect your password.
Paid Out or Paid In	Select Paid Out if you are taking money out of the cash drawer; select Paid In if you are putting money into the cash drawer.
Type	Click the arrow and select the paid out/in type. Valid types are defined in Mercury Administration.
Amount	Enter the amount of the transaction.

Canadian Shops

Shops that are configured as Canadian have slightly different settings. When reporting GST/HST tax, you may claim an input tax credit for the GST taxes paid on business-related expenses. When you enter a paid out transaction, the amount of GST tax you enter is included on the sales tax report as an input tax credit. Taxes are reported on the Canadian Sales Tax Report in the column defined as Federal Tax.

Setting	Description
Login Name	Enter your FTD Mercury login name.
Password	Enter your FTD Mercury password. Asterisks (*****) appear to protect your password.
Paid Out or Paid In	Select Paid Out if you are taking money out of the cash drawer; select Paid In if you are putting money into the cash drawer.
Type	Click the arrow and select the paid out/in type. Valid types are defined in Mercury Administration.
Amount	Enter the amount of the transaction.
Federal Tax	NOTE: The federal tax will be labeled with the same name as the value set for the Federal Tax Label in the Tax Code screen in Mercury Administration. This typically is GST or HST. Enter the amount of federal tax you are claiming as an input credit on this paid out transaction. This will appear in the input tax section of the sales tax report.
Provincial Tax	NOTE: This field will be named the same as the value set for the Provincial Tax Label in the Tax Code screen in Mercury Administration. Enter the amount of provincial tax you are claiming as an input credit on this paid out transaction. This value is included in the journal entry for the paid out expense as defined by the type.
Total Amount	The total amount is the sum of the amount, federal tax, and provincial tax. This is automatically calculated for you and is display only.

When you print a receipt for the paid out/in, the receipt includes the amount of the item, the federal tax, provincial tax, and the total amount.