Store Cash Inflows &Outlfows

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You can view details of your store’s sources of cash and uses of cash. For a retail store, the major source of cash is cash sales, while cash is used for expenditures like supplier payments, rent, utilities, salaries, etc.

If you are maintaining your store’s expenditure incurred on salaries, supplier payments, utilities, and other miscellaneous expenses in Nimbus, store closing will give you an accurate picture of your store’s cash situation.  

Let’s learn about how cash inflow details are created in Candela Nimbus.

 

Click on the cash flows details button

 

store cash inflow details button

The system will generate a record of cash flows till the store closing date

 

Store Cash Inflows

 

cash inflows details in Nimbus

 

The system automatically picks cash inflows from various screens:

 

Customer Receipt/Fee is picked from Accounts>Customer Receipt and it is the amount received from credit customers.

 

From HO: If any amount is received from the HO during the period being closed, it will be reflected here. The system will automatically pick this amount from Accounts>Account Transaction screen.

 

From Bank:If any amount is received from banks during the period being closed, it will be reflected here. The system will automatically pick this amount from the Account>Account Transactions.

Note: This inflow is charged to Bank account

 

POS Submitted Cash&Skimmed Cash:Refer to cash closing entries on the POS closing screen. You can click ‘details‘ button to see details of the cash submitted and skimmed  by different POS. 

 

Misc. Income & Other: Show inflows against these accounts entered on the Account Transaction screen.

Note: This inflow is charged to miscellaneous income head

 

Total cash in hand details are reflected in Store Cash Details Section

 

store closing cash details in Nmbus

Note: If there are a number of tills, the Closing Cash at Tills will show combined total of closing cash at all the tills. You can click ‘details’ button to see closing cash of each till.

 

Store Cash Outflows

 

The system automatically picks cash outflows from various screens:

 

Cash outflows details in Nimbus

 

Expenses are all expense entered on the Account>Account Transaction screen under the account head ‘Expense’

 

Supplier Payment: This field reflects the payments made to suppliers. This includes cash payments made to supplier at the time of receiving stock on GRN screen.

Note: Store closing screen will not show payments made to suppliers (whether in cash or through bank transfer) on Supplier Payment Screen.

 

Cash to HO: Any cash submitted to the HO during the period being closed.

Cash to Bank: Any cash deposited in the Bank during the period being closed.

Cash to POS: Cash given as opening balance or for any other purpose to POS

 

Note: If there are more than one POS you can click detail button to check details of cash given to different POS.

 

Cash Difference is shown in Store Cash Difference Detail Section

cash difference details in Nimbus

 

Total Cash Difference is the sum total of difference at both store and Tills.

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