Accounting for Paypoint in a retail shop?
System
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Anyone got any experience of year-end accounting for Paypoint Transactions?
I need to independently verify the P/P figure so I can verify the till-breakdown of Total Sales.
Normally I can balance the self-billing invoices to the direct debits (DDs) and use the total invoices as the Paypoint sales for the period.
This year the invoices bear little resemblance to the DDs and I can't balance for certain.
Paypoint say they don't use their invoices as part of a customer account system because no customer accounts exist. So I can't get a print-off of a statement of account for my client.
Paypoint apparently provide their customers with(1st)a z-report; (2nd) a DD notice and then (3rd) the self-billing invoice.
I think I'll have to try & dig out all the DD notices and use those instead of the invoices. What do you do :?:
I need to independently verify the P/P figure so I can verify the till-breakdown of Total Sales.
Normally I can balance the self-billing invoices to the direct debits (DDs) and use the total invoices as the Paypoint sales for the period.
This year the invoices bear little resemblance to the DDs and I can't balance for certain.
Paypoint say they don't use their invoices as part of a customer account system because no customer accounts exist. So I can't get a print-off of a statement of account for my client.
Paypoint apparently provide their customers with(1st)a z-report; (2nd) a DD notice and then (3rd) the self-billing invoice.
I think I'll have to try & dig out all the DD notices and use those instead of the invoices. What do you do :?:
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