The Tender Type program is used to set up different Cash Tender Types used at the “POS Order Entry” in POINT OF SALE (1.1). To edit the Tender Type, enter an <E> and press <ENTER>.

Leave any item blank to not use the feature.

The Tender Type Code may be up to four characters.

The Percent Charge is the amount that you are charged from the credit card company. This amount will automatically be debited to the General Ledger expense account for this type.

The General Ledger Bank Account is entered if it is different from the default “Cash Account” in “Accounts Receivable Setup” (10.2.2.1). If left blank, the default in Accounts Receivable will be used.

In order for this feature to be used, you must put in a Percentage Charge, even if it is zero.

The General Ledger Expense Account is the account to debit the percent charges that you are charged by the credit card company.

You may set the Tender Type to be depositable.  The "End of Day Close" in POINT OF SALE (1.1) report will prompt for a Bank Deposit Amount. This is the actual bank deposit that is being prepared from the cash drawer. This figure will be compared to the depositable amounts of the day. Depositable amounts are Cash and any Tender Type listed as depositable on the report.