Cash transactions
The Cash transactions submodule is designed to manage and track all your cash transactions. Based on cash receipts and disbursements, you can also create a cash journal.
Cash receipts and cash disbursements are cash journal entries. It is necessary to create a cash receipt for each and every payment, and a cash disbursement for every payout.
All cash receipts and disbursements in one day create the cash turnover of that day. Adding all payments to the initial cash balance in the cash register makes the entire amount of money in the cash register on a certain day. When you deduct all the payouts, you get the remaining that has to be in the cash register – this is the cash register balance. All these pieces of information have to be included in the cash journal.
In the Cash transactions module, the tabs in the command line enable you to create:
and have an overview of
 |
Warning
Authorizations for Document types are set in PANTHEON. Read more about setting authorizations at this link.
|