Remove Accounts Receivable Remove Petty cash Remove Reconciling
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Source documents definition

Accounting Tools

Cash Register Tape A cash register tape can be used as evidence of cash sales, which supports the recordation of a sale transaction. Credit Card Receipt A credit card receipt can be used as evidence for a disbursement of funds from petty cash. For example, a company is in the consulting business.

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Cash receipts procedure

Accounting Tools

Record Other Cash (Optional) Some cash or checks will occasionally arrive that are not related to unpaid accounts receivable. In these cases, record the receipt in the accounting system , along with proper documentation of the reason for the payment. Deposit Cash Record all checks and cash on a deposit slip.