(Available in Diamond and 24karat)

Check Cashing

Pawns, Cashed/Bounced Checks and Payday Loans are all 'loans' - the difference being that unlike pawns, checks and payday loans are not secured by personal property.

Set up fees and loan schedules in Program Setup (Under File). Click on the tabs named Pawn Fees, Pawn Opt (Options) and Payday:

Cashing Checks

To enter a Cashed Check, press F2 or go to the Pawns Work Area

Select New Check from the Quick Links Menu:

Select a client:and click OK:

On the New-Check-Cashed Screen the Client name, Name, Today's Date and fees (set in program setup) will be auto-entered:

Enter a location for the store, if applicable. (Some pawn shops have more than one location.)

The Check Date and time may be changed. The drop-down arrow in the date field produces a calendar.

Enter the Check Value and a Percentage Fee. The Net Paid Out will be displayed. It is the amount of the check less all applicable fees. (If the fees are incorrect, change them in Program Setup or edit the amounts here on this screen.)

When a cashed check clears, nothing else is required in PPSS. Records will show the amount paid for the check, the amount of the check and the profit made.

See Bounced Checks.

For support please Email the Help Desk