Adding or modifying a denomination

Set up denominations in ACTIVE Net if you use cash summary sheets as part of your cash out process. You should have denominations that correspond to the units of currency that you expect to find in your cash drawers when counting up cash after a cash out.

 

    1. Go to Administration > Financial Settings > Denominations.

    2. Choose one of the following:

    3. Enter the Name of the denomination.

    4. Specify the denomination's Rate.

    5. Note: The rate corresponds to value of the denomination. For example, if your basic unit of currency is the dollar, then the Rate for a dollar is 1.00. The rate for a dime is 0.10 and the rate for a penny is 0.01.

    6. Click Save.

Related topics

Overview of cash summary sheets

Adding or modifying a cash summary sheet layout

Entering cash drawer totals into a cash summary sheet

Configuring financial settings

 

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