Receiving loans

Loans ensure that the money in the drawer does not fall under the minimum allowable amount. For example, a store may have a rule that no drawer may have less than $200.00 in it.

Configurable features

The POS application can be configured with the following features.

• Specify the default source of the loan funds.
• Specify whether the cash amount entry method for the loan is non-denominational or by denomination.

For more information, refer to Cash Office General.

To receive a loan, follow these steps:

1. From the Drawer Functions screen, select Receive Loan. The application displays the Loan Count screen.

   

2. Select a tender type and then select Count. The application displays the Loan screen.

   

3. Do one of the following:
   • Enter a non-denominational amount for the selected tender type.
   • Select Cash Count. The application displays the following screen.

     

     Select a denomination, and enter the quantity for each applicable denomination. When done, select Count Complete.

   The application displays the Loan Count screen with the entered amounts.

4. Select Count Complete. The transaction is completed, and the application prints the receipt.
5. Close the cash drawer. The application displays the Drawer Functions screen.
6. Sign the receipt. Have the office associate also sign the receipt.

Loan transaction receipt