Bank / Cash

Create Bank / Cash

You can manage your Bank or Cash transactions under Bank / Cash   

How to record Bank transaction and Cash transactions

Click on New Bank  button to create Bank.

Bank

 


Fields Description

Type

Type of bank accounts – Current, Cash Credit, Loan account,OverDraft, Credit card and Savings

Bank type

Ledger Display Name

Ledger display name is displayed  with the combination of Bank name and Account name

Bank Name

Choose the contacts related to the Accounts which is Customer or Supplier

Debit 

Enter the amount to be debited for the Account.

Credit

Enter the amount to be Credited for the Account.

Description

Enter the Description for the amount to be Debited or Credited.

Notes

Enter the narration of the Journal entry in Notes.

Note: Total Amount debited should be equal to the amount credited.