Of course, there’s no perfect software, but you can always get the one that flawlessly combines robust functionality, intuitiveness, and affordable cost. When it comes to online document management, DocHub provides such a solution! Suppose you need to Join picture in Simple Cash Receipt and manage paperwork efficiently and quickly. If so, this is the suitable editor for you - complete your document-related tasks at any time and from any place in only a couple of minutes.
Apart from rich functionality and simplicity, price is another great advantage of DocHub. It has flexible and cost-effective subscription plans and enables you to test our service for free during a 30-day trial. Try it out now!
today in this short video we are going to discuss the cash receipts journal first we will go over what the cash receipts journal is the cash receipts journal manages all cash coming into the business this is what a cash receipts journal looks like now you will go through a few examples of posting some transactions John Henry is a regular customer of ours and has paid $500 of his accounts receivable from us the first step in the journal is to put the date next we put which account is being credited in this case it is an individual accounts receivable account for John Henry for an explanation we will put the invoice hes paying off if the invoice number is known it is placed here after that we post the numbers since John is a good customer we give him a 10% discount on his purchase so $50 which is the discount goes in the sales discount column and four hundred and fifty dollars goes in the cash debit column in the accounts receivable credit column we put the full amount of the purchase $