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Hi, I would appreciate if anyone outhere could help me out. Suppose I have done some cash sale today at one of my retail outlets using Odoo POS. Now I want to deposit this cash to our company's Bank Account. How this can be done? What entry and how I am supposed to pass? Please help.

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Best Answer

On the Cash Registers, the entries are posted using a  Cash Journal which is connected to the Cash Account in your Chart of Accounts. Do a simple journal entry to transfer the value on the Cash Account to the Bank Account.
 

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