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author's profile photo Former Member
Former Member

FBCJ-How to track Cash in Hand alone and checks in Hand in total

Hi all,

I want to have a clarification.

I have created a Business transaction for receipt of checks from Customer. I made a check receipt and posted the transaction in Check receipt tab. The entry posted is:

Cash on hand a/c Dr

To Customer a/c

I understood that the "Cash on hand" a/c is picked up from the creation of Cash Journal settings.

Similarly when I selected the same line item and clicked on "Check present" button, when checks are sent for deposting in Bank (another Business transaction was created such that the following entry is generated)

Bank Incoming payment clearing a/c Dr

To Cash on hand a/c Cr.

So the net effect of Cash on hand after check deposit is zero.

But my problem is meantime i.e time between check received from customer and presented to bank, if I want to know the cash balance in Total (for particular cash journal I am able to get directly from that cash journal) the cash in hand a/c includes checks in hand also (i.e check receipts). Is there any way to know total check receipts of all cash journals seperately or cash in Hand alone across the company (ie all cash journals).

Or otherwise Is there any report to view check receipts for all Cash Journals. So that manually atleast we can know the cash in hand alone by deducting the checks in hand.

Thanks in Advance. Even I can call you if required for clear clarification.

Regards,

Madhav

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  • author's profile photo Former Member
    Former Member
    Posted on Oct 31, 2008 at 08:42 AM

    There it won't show Bifurcation like cash and check. It will shows that Check receipt amount this much. if check is not presented in the bank.

    Regards,

    Suresh

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