Transactions Menu What are the cash receipts and cash disbursements options for?
If you have a client that does not have a general ledger program to enter their day-to-day cash transactions into, you can use Quick Trial Balance as a general ledger program by entering their cash receipts and disbursements in QTB. Transactions are entered by “journal code”, so you may need to setup a journal prior to entering cash transactions. Journals are setup using the “Journals” option in the File Menu. When I enter journal entries, how do I tell QTB to post it to one or more books (trial balances)? If you are maintaining more than one book (trial balances), there is a group of checkboxes that are used to identify what book you want the journal entry posted to. You can also select the “All” checkbox to post a journal entry to all books. This procedure is also used when entering cash transactions. When entering cash transactions, all books are selected by default since cash transactions normally affect all books.
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- Transactions Menu What are the cash receipts and cash disbursements options for?
