Cash Receipt
A Cash Receipt records the money received in cash from customers, suppliers, or other parties. It ensures accurate tracking of receipts, proper ledger postings, and reconciliation.
Cash Receipt – Field Details
Suppliers / GL
Suppliers / GL – Select the supplier, customer, or GL account from which the cash is received.
Upload File – Option to attach supporting documents such as invoice copy, receipt slip, or reference file.
Primary Document Details
Account – Select the cash account where the receipt will be recorded.
Payment Method – Select the mode of receipt.
Payment Date – Date on which cash is received.
Document Series – Select the document/voucher series under which the receipt is recorded.
Remark – Notes or comments about the cash receipt.
Currency – Select the currency of receipt (default: Organization Currency set).
Exchange Rate – Required if the currency is foreign (mandatory for non-INR).
Items Section
Document Number – Reference document against which cash is received.
Total (Before Tax) – Amount before applying tax.
Total Tax – Tax amount (if applicable).
Total Amount – Total receivable including tax.
Remaining Amount – Balance amount yet to be received against the document.
Amount – Enter the actual amount received in this transaction.
Add Item – Allows adding multiple documents for a single receipt entry.
Additional Details – Account Entry
Ledger – Shows the ledgers affected by the transaction.
Credit – Credit entry of the transaction.
Debit – Debit entry of the transaction.
Total – Must balance between debit and credit for posting.
Actions
Submit – Save and post the cash receipt entry.
Cancel – Discard the current entry.
Workflow & Rules
Account, Payment Method, Payment Date, Currency, and Document Series are mandatory.
The Amount entered cannot exceed the Remaining Amount of the selected document.
Debit and Credit entries must balance for successful posting.
Exchange rate must be provided for non-INR receipts.
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