These are steps you can follow, to create Cash Receipts in Sage X3. In Sage X3, payments and receipts of money between banks and business entities such as Business Partners are made under the AP/AR Accounting module.
Cash receipts such as retirements are received into the cash accounts – the Petty Cash or the Main Cash Account – and are recorded in the Cash Receipts of the AP/AR Module.
1. Under the AP/AR Accounting module, find the Payments sub-module, and click Payment/Receipt Entry
2. A pop-up with transaction types will show up, select the CSREC ZAF Cash Receipts option
3. Click the plus button on the right panel to create a new transaction
- The following input fields are required for Bank Receipts transactions:
4. Site
- Enter the site making this transaction
5. Account
- Enter the account that made payment into the cash account.
6. Description
- Input a description about the transaction.
7. Bank
- Select the cash account – petty or main cash – which received the payment. The currency field will automatically show the currency of the bank.
8. BP Amount
- Enter the amount received.