Click to view/hide picture.The Paid Outs tab displays the polled paid-out figures for the day, or allows you to enter paid-outs if you are not using Compeat polling. Paid outs represent the cash paid out of the register for miscellaneous expenses, such as cab fare, dry cleaning costs, and so on.
Compeat automatically calculates a running total for the amount column and displays it at the bottom of the screen. If you are entering paid outs from a POS report, this can be a useful check to ensure that an entry error has not been made.
Click to view/hide picture.
The detail grid contains the following fields:
Code/Description Select a code or description from the list of paid out codes or the list of associated descriptions previously defined in the Paid Outs screen of Setup menu > DSR submenu. This is a required field.
Amount Enter the amount of the paid out.
Tips and Tricks
If a paid out has an inventory affect (for example, if you have paid a vendor out of the register), you should subsequently enter a manual check of the type zero check to adjust the inventory quantities and costs. When entering the paid out, you will typically use a Paid Out code that is associated with an Inventory Clearing GL account. For information on how to do this, see Manual Checks.
