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[Music] welcome to count thoughts in this lesson were going to be looking at the cash receipts journal and were specifically going to look at the cash receipts journal when you have to take vet or v80 into account in our previous lessons we looked at the cash receipts journal but we looked at basic examples so if you do not know what the cash receipts journal is you do not know the format or its your first time looking at the video on cash receipts journal i would encourage you to check out lesson one youll find it in the link in the description below which will give you a good foundation before you get to this one here where that is accounted for in that previous lesson we did not take into account fat so ignore v80 but if you have a question where you have to take into account vat this lesson should greatly help you in knowing how to do that so what is the cash receipts journal well like we said in our previous lessons this is a journal used to record all cash received by the ent