How would you post in a cash receipts journal?
submitted by Rakib

ollie

A cash receipts journal is where you record all the cash you've received, so posting to the journal just means adding a transaction.

Each payment will include the date, the person/company that paid you, the amount, and what the payment was for. Then, at the end of the day or period, you post those totals to the general ledger.

auto

When you're posting in the cash receipts journal, you basically record each cash payment you receive, as it happens. Make sure to note the date, the customer, and the amount.