Set up Alternate Tender types if you want to accept alternate forms of tender at Point-of-Sale such as coupons, gift certificates, store credit, etc. If you use the General Ledger application, you will establish a G/L account for each Alternate Tender type so that G/L Passoff will send alternate tender information to the general ledger.
This feature only changes the way you handle the redemption of alternate tenders; it does not change the way you issue them. For example, this feature does not change the way you sell gift certificates--they would still be sold by using a gift certificate SKU number.
Do not set up additional bankcards or checks as alternate tender types. Unlike standard bank cards and checks, bankcards or checks set up as alternate tender types will not be reported on the Check Register Report (Report RCK).
Once you have established your alternate tender types, you should not change them because if you do, any archived invoices will also change. For example, if you originally had an alternate tender type called "coupon" and you later change it to "gift certificate," any archived transactions that were archived as "coupon" purchases will now show as "gift certificate" purchases.
The Daily Journal Report (RDJ) prints alternate tender accounts and their dollar amounts in the departmental account totals. The traditional RDJ totals do not include the alternate tender amounts.
The Daily Sales Report (RDS) prints the alternate tender amounts on the Cash Balancing Worksheet and on the register Totals page.
Business Advisor and Monthly Recap Maintenance (MMR) report alternate tender amounts as cash. Display Cash Drawer (DCD) has one column for cash plus alternate tender, and another column for net cash.