Cash Withdrawal

Cash Withdrawal wizard facilitates the cash withdrawal transaction entries. The wizard automatically posts the corresponding Station Journal and Day Journal entries. The wizard is based on the Cash Withdrawal Transaction Default that should have been set up already.

To record cash withdrawal transaction.

  1. From Retail menu, click Transaction wizard and then Cash withdrawal. Cash Withdrawal - Details1/2) page appears.

  1. Click Transaction default hyperlink. Transaction Default search page appears with the list of transaction defaults maintained under Retail > Settings > Transaction Defaults. Select required Transaction Default.

Note: If there is only one Cash Withdrawal Transaction default, the same will automatically be selected and displayed.

  1. Click Account # hyperlink to specify the account number from which there has to be a withdrawal. Search Client Account page appears with the list of all the current accounts where the account currency matches the list of currencies specified in the Transaction default chosen. Select the required Account #.

  1. Based on Account #, the following details are displayed:

  • Available balance: Displays Available balance amount in the selected account along with the Account Currency.

  • Account Type: This field is a display field and displays the product description of the selected account.

  • Client #: This field is also a display field and will display the client id along with the client's full name.

  • Person: This displays the full name(s) of the Person(s) or Organization depending on whether the Client is Personal, Joint or Corporate.

  • SSN #: Aura will display SSN# of the Person(s) or joint Person(s) as maintained under CRM > Person > Maintain.

  1. Enter Amount to withdraw. You cannot enter any figure less than or equal to zero.

  2. Enter Notes. You can enter the message for the cash withdrawal transaction.

  3. Click Next. Cash Withdrawal - Confirmation (2/2) page appears.

  1. Click Finish. Station Journal is automatically created and posted with the Cash Withdrawal details, based on the chosen Transaction Default settings.

Functions: Add, Delete, Search.

Note: In Day Journal page, the status of GL Posting tab will appear as Posted for the Cash Withdrawal transaction and will default all the details from the Station Journal Screen. The same has to be approved in the Day Journal screen. On approval of the Day Journal, the status is updated as Approved; and you can verify the accounting entries using General Ledger > Transaction Review > Statement.