Cash Book

Use the Cash Book (CB) to analyse withdrawals (or Debits) to Expense categories, and deposits (or Credits) to Income categories for business analysis on a cash basis. You can reconcile bank statements and track unreconciled transactions. Cash Book also includes:

• An up to date Cash Book theoretical balance of all bank accounts
• A transaction history with analysis breakdown
• A complete GST analysis on a cash (payments) basis with simple transfer to the GST return form
• Processing of automatic payments, debits and credits including tracking totals of amounts paid and received
• Importing bank statements for reconciliations.

Cash Book options depend on the Accredo modules installed. AR includes income analysis (Sales Group Analysis) and AP includes expense analysis. These operate on an accruals basis, that is, income and expenditure are analysed at the time a sale or purchase is made (or an invoice raised or received), and not at the time of payment, whereas the CB operates on a cash basis. CB will only analyse the cash component of the business, so you must combine this analysis with that provided in AR and AP. Ultimately all analysis will be retained in the GL.