How to close the closing balance in Cash counter FBCJ

[former_member1125092]

Hi All

In our current scenario in Cash Journal Transaction We are using different cash counter, in our current requirement we need to close the closing balance in one of the cash counter in transaction code FBCJ.

Please help us how to close the closing balance in cash counter by using transaction code FBCJ.

For example: cash counter 1000

Last month closing balance 100.

We need to close the 1000 counter with nil value. How to do?

[former_member2342]

Dear

In business transactions you need to configure one business transaction to transfer the balance to other cash journal.

Regards

[former_member1125092]

Hi All

Can you please explain briefly how to configure and how to transfer one cash counter into another cash counter.

Waiting for your response.

[sanilbhandari]

Hi

You need to create one transit cash book. Now create two transaction as

1. Transfer to Transit Cash

2. Transfer from Transit cash Book.

Now when you close the first counter, you will select the Transaction , "Transfer to Transit Cash Book". System will pass the entry

Cash in Transit Dr

To Cash Book - Counter 1

When you recieve the cash at Counter -2, you will select the transaction"Transfer from Transit Cash Book". System will pass the entry

Cask Book - Counter 2 Dr

To Cash in Transit

At end of day, cash in transit should be zero.

Regards

Sanil K Bhandari

[former_member2342]

Dear

1.Use T.Code FBCJC2 and manintain business transaction

2.Under New Entries enter Co. Code, business transaction type (B), name of the business transaction(cash in transit - payment), select account modifier if you want to change the GL Account during document entry.

3.Similarly you need to create another business transaction type (C) name of the business transaction (cash in transit - receipt)

3.Now be in cash journal from where you want to transfer the balance amount under payments tab enter the business transacton type B

Entry will be Cash in transit A/c Dr

Cash Journal A/c

4. Again be in cash journal where you are transferring the cash balance under receipts tab and now on receipts side enter the business transaction type C

Entry will be Cash Journal A/c Dr

Cash in transit

Regards

[Former Member]

Closing a cash journal means transferring the available balance in the cash journal back to the main bank or cash account. You have to configure a transaction "transfer to Bank/Cash Account" and make settings for that. Once you do that, the available balance you can transfer to the bank account and the balance in the cash journal would become zero.