Cash receipts
Question asked by Karen Aspinall 6 years ago
Howdo I input/record the physical cash amount (not cash in bank) currently held for my business and where do I input purchases made with cash?
Question asked by Karen Aspinall 6 years ago
Howdo I input/record the physical cash amount (not cash in bank) currently held for my business and where do I input purchases made with cash?
Hi Karen,
You can record the amount of physical cash in the business by creating a cash account under Money > Bank Accounts. As for recording cash purchases, you can do that the same as any other purchase but select the cash account as the payment account. I hope that is clear.
Kind regards,
Mohamed.
Thanks for the super fast reply (and clear) reply Mohamed. I am new to online accounting and Clearbooks, and I'm I pleased with the service so far :)
Hi Karen,
I am very glad to hear that and I'm happy I could help. Have a lovely day!
Kind regards,
Mohamed.