Cash sale receipt
The
XE "cash sales" Cash SaleReceipt
form can be used to record sales made directly, rather than through Receivables. The Navigator
Sales and Customers
tab has an icon, or click
Activities|Enter Cash Sales.
(The appearance of this form varies slightly with the various versions of QuickBooks.)
Any resemblance to the invoice form is strictly by design. The
Cash Sale
Receipt adds a built-in payment. This is one payment, which can go either into a bank account, or the other asset account called
Undeposited Funds,
and then on to the bank with
Make Deposits.
The payment type is always blank.
QuickReports are normally
available from the customer list, and work
well in QuickBooks 5. In the earlier
versions, QuickReports may be disappointing
when cash sales have been used. The
cash sales will not appear directly, but the
report can easily by changed. When the
report appears, click on Filters, then Source
Account. Scroll up and select
all accounts,
then “OK,” and data will appear. More information is in the Chapter 14.
Cash sales are recorded in
a register, either Undeposited Funds, or in
the bank account, depending on the deposit
selection made on the sale form.
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