Cash Book Entries – Cash Receipt in iGreen Accounting

Cash flow is the most important transaction in any accounting and has two sections of receipt and payment. However cash book entry in bookkeeping is very important for reports. here we will show you how to do it in iGreen accounting software.

Cash Book Entry, Cash Receipt

When you receive any amount of cash from your clients as customers or vendors then a cash receipt has been occurred. if you would like to do it in journal entry then Cash account will be Debit and Client account (Account Receivables) will be Credit.

For Example:

You received 1200$ from your Client Mr. Jack Smith, then its double-entry in journal book will be as below:

Account Receivable (Mr. Jack Smith)          Debit (1200$)

Cash Account                                                                                        Credit (1200$)

 

Record Cash Receipt in iGreen Accounting

Please run iGreen accounting and in main screen click on “Cash Receipt” then you will see a form as below

Cash Receipt form in iGreen Accounting

Quick help of some of data boxes:

  • Voucher no: this is a unique number that will be generate by iGreen accounting and you could not to change it
  • Reference no: it is your voucher no and you can write any number for your reference in your real vouchers
  • Date: It is date of receipt cash not date of entry!

iGreen will saved this voucher on Cash on Hand account as default but your can change it to other cash account easily by click on combo box under comment textbox as below

Select cash account in cash receipt form in iGreen

Select cash account in cash receipt form in iGreen

 

Note: when you use Cash receipt form in iGreen , please only enter cash received amount and you should not enter Debit account (Cash account) in the rows of table, iGreen will be record a double-entry automatically after you click on Save button

Example of receiving 1200$ cash from Mr. Jack Smith

Example of cash receipt entry

Example of cash receipt entry

 

Print and Report of Cash Receipt

Report of Cash received from Clients in iGreen Accounting

Report of Cash received from Clients

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