Deposit cash to bank account

[rhc]

Hi sabbiedesign,
Have you got a auto bank feed? If so, deposit your cash to your bank account and wait until the deposit shows up in your bank account within quickfile. Usually that should be the case on the next day. On the next day, go to your bank account in quickfile and look for the deposit transaction. Click tag at the end of the transaction and use transfer between accounts and click on your cash account. Done.
This method assumes that you registered and tagged all all your cash income in your cash account in quickfile to invoices. Or that you registered at least daily or weekly or monthly cash turnover in that account. Also, if you paid for something in cash you will have to record this in that cash account.

You can find more here:

Accounting for daily takings

Please Note: From 19th January 2017 we have introduced a new tool for logging cash register sales (see here for details). This guide will explain the manual method which remains useful for more complex scenarios, e.g. where you wish to differentiate product lines. Not all businesses provide invoicing facilities to their customers. Many shops, garages, restaurants, and retail businesses simply operate on a cash basis using a till and issuing customers with a sales receipt. How do we correctly…

Cash Register Tool

Introduction If your business operates a cash register then no doubt you will have realised that logging each customer transaction to a unique invoice in QuickFile is not practical. In such cases what you would typically do is log your daily, weekly or even monthly totals to a lump sum invoice and pay that invoice to a cash account in the banking section. Where can I find the Cash Register Tool? The Cash Register tool is located in the Sales tab (Enter cash register takings). How does the Cas…