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42
BALANCING FORMULAS
The following examples illustrate how totals are calculated for the management reports:
System Balance:
1
– 24 DEPARTMENTS
(+) NET SALES
(+) MINUS SALES
(+) -% TOTAL
(+) RETURN TOTAL
(+) VOID TOTAL
(=) GROSS SALES
(+) NET SALES
(+) PREVIOUS GRAND TOTAL
(=) ENDING GRAND TOTAL
Media Balance:
(+) NET SALES
( - ) CHECK
( - ) CHARGE
(+) RECEIVED ON ACCOUNT
( - ) PAID OUT
( - ) PAYMENTS OUT
(=) CASH IN DRAWER