Cash Book

The Cash Book controls transactions associated with your bank and cash accounts. Use the Cash Book to maintain details of your bank accounts. You can control transaction processing and reconciliation.

Use the Cash Book to:

• Set up bank accounts, specify a default bank account, enter cash book opening balances, and set up e-Banking or bank feeds.

• Enter the following types of transactions:
• Customer receipts and refunds.

Can be recorded here or in the Sales Ledger.

You can also allocate the receipt from the Cash Book.

• Supplier payments and refunds.

Can be recorded here or in the Purchase Ledger. You can also allocate the payment from the Cash Book.

• Grouped sales or purchase transactions.
• Nominal receipts and payments.

Can be recorded here or in the Nominal Ledger. You can enter transactions with or without VAT. These are posted to a bank account and a specified nominal ledger account.

• Direct debits and standing orders.
• Transfers between bank accounts.

These can be in the same or different operating currencies. If the accounts operate in different currency, the system converts the transactions based on the appropriate exchange rate.

• Reconcile your bank accounts. This can be done:
  • Manually.
  • Electronically, if you use Sage bank feeds or e-Banking.
• Produce standard reports such as:
  • Account listings.
  • Detailed analysis of balances and transactions.
• Carry out end of day, month and period end tasks. These are:
  • Update the Cash Book with transactions from other modules.
  • Manage exchange rate changes.

  • Update the Nominal Ledger.

    This makes sure that the relevant nominal accounts such as the exchange discrepancy, bank charges and commission accounts are updated with postings made in the cash Book.

  • Close a period.

• Pay suppliers and your VAT return directly from Sage 200 using the Supplier Payments service.